Bitcoin prices are falling, everyone is scared... but what I see may surprise you

Assalamu Alaikum to all my friends on Steemit. How are you all? I hope you are all well, by the grace of Allah.

Those who follow cryptocurrencies like me must have been quite worried for the past few days. The way Bitcoin prices are falling, it may seem that the bull market is over! There is only fear and panic all around—everyone is thinking that this time the bear market may lose control of the market.

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But when I try to look at the chart from a little distance, a completely different picture comes to my eyes. And I am not alone with this thought, big analysts like egrag crypto are also saying the same thing.

Is this really something to fear? Or is history repeating itself?

Egrag Crypto has raised a point very well. He says that since the end of 2022, Bitcoin has been following a certain pattern or pattern. The pattern is something like this:

1. First, the price jumps up.
2. Then it drops a little and tests the old support level.
3. From there, it bounces back and goes up again.
4. There is a small correction or price drop before reaching a new high.

What is happening now is also part of this pattern. This is not the beginning of a new bear market, but rather just a matter of taking a breath before a big run.

According to him, as long as the price of Bitcoin remains above $103,000, there is nothing to worry about. This level is like a solid wall for us.

If this pattern is correct, then we can prepare for another big jump ahead. Egrag's personal opinion is that the price of Bitcoin could reach $150,000 to $175,000 in the final push of this bull run. And this will be the highest peak of this cycle, after which we can think of a real bear market.

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He also gave a very nice comparison with the gold market. At one time, everyone thought that the price of gold might stop at $3,500, but the price went much higher than that. Big players always do things that confuse ordinary investors and enter or exit the market at the wrong time.

I agree with Egrag's analysis a lot. It seems to me that this is not a situation to panic or sell everything out of fear. Rather, it is a time to patiently watch the market. These small price drops are an integral part of a big bull run.

My personal plan is that when the macro bottom comes again after this cycle ends, I am thinking of investing $30,000. Then the plan is to gradually shift that investment towards better and stronger altcoins.

At the end of the day, patience is the greatest strength in the Crypto market. Those who respect the cycle and do not decide on the basis of emotions in a long time.

What is your opinion on this matter? Do you also think the bull run is not over yet? Or are you preparing for a bear market? Don't forget to share your valuable thoughts in the comments.

Everyone, stay safe and trade carefully.

To learn more about the news I shared with you, read the original news.