Hello,
The sentiment has changed from ultra-bullish to semi-bullish the last days. I'm not talking about the crypto OGs, I'm talking about some of my friends and crypto twitter in general. The reason is simple, we suffered a small correction. Bitcoin went from $73,000 to $65,000 and now is climbing again to $67,000.
It's just a 10% correction, something really normal for Bitcoin.
I don't know how they are going to feel when a correction of 20-25% comes and hits us hard. Even in bull markets Bitcoin usually have few of this kind of dips. We can see it clearly if we take a look at the past cycles. I expect that this pattern will repeat during 2024. We will suffer from them and learn from them. And this is how it should be.
Weak hands will sell, strong hands will get the rewards. The path to wealth requires determination and a great foundation of ideas. Ideas that can guide you during difficult times, ideas that can be tested a million times. You should remain focused on the end goal, you made the right choice, don't let fear guide your decisions. Hodl strong.
I am glad I choose this path, I enjoy every fucking time my conviction is tested. The more it's tested, the more strong is my willpower and my commitment.
Don't forget to enjoy the rewards when the time comes.
This 2024 will be amazing. We just need to have a little more patience.
Have a great week!