Calm Before Another Dip
We’re recovering. The extreme fear in the crypto space has faded, people are finally catching their breath, and some are already calling this the bottom of the cycle, whatever you want to label it. For now, there’s relief.
Over the past months, we’ve seen several of these high-fear moments. And despite everything, the broader trend is clear: fear levels have been gradually decreasing over the past year. Still, it feels like we’re not quite done yet.
My view is that this isn’t over. The pain probably hasn’t been big enough. I’m not sure if fear will reach a new low in the coming months, but I do expect Bitcoin to make one more dip, one leg lower than the 60k level we saw. If that happens, the rest of the crypto market will likely follow.
What I doubt, though, is a major breakdown. A move down to 40k seems very unlikely to me. But a return to the 50s? That’s definitely on the table. Maybe it’s just a quick dip to 59k, or maybe we go a bit deeper into the 54–56k range. Somewhere in that zone, we’ll probably find the bottom.
And after that, we need to be ready because the next move could bring serious upward momentum.
