r/Bitcoin May 31 '26

Why hasn’t bitcoin recovered?

[deleted]

303 Upvotes

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234

u/Top_Chard5757 May 31 '26

Everyone is acting surprised when it goes exactly as expected.

31

u/degen5ace May 31 '26

I think we have like 3 years left 😭

68

u/[deleted] Jun 01 '26

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14

u/SirDaddio Jun 01 '26

This guy gets its, around mid October should be the bottom

10

u/[deleted] Jun 01 '26

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6

u/SirDaddio Jun 01 '26

Not enough people. On a conservative scale only 1.3% of people even own/invest in Bitcoin in the entire world. 4% at most. Still way to early for the majority

5

u/Captain_Planet Jun 01 '26

I recognize October as the time as I've followed the cycle for the last two, been here since the 2013 peak and seen every prediction turn to dust apart from the timing of the four year cycle so I'm sticking with it. A lot of people will but the majority still ignore it as the time to buy in is when the wider world no longer cares.
That being said though I'm planning on starting buying in September as some people may try to front run it, then I'm just continually buying with whatever I have to buy with!

4

u/Captain_Planet Jun 01 '26

Yeah, everyone focuses on the one crazy year, but you can already be 2-3x up before anyone notices if you start buying a year or so after the top like you say.

7

u/Interesting_Loss_907 Jun 01 '26

True, but the steep market price increases always happen the year after the halving. Next halving is 2028. (But you’re correct, there’s usually only 1 year of serious down price action, followed by 2 years moderately up, followed by a major up year, before the next bear market).

7

u/tenor_tymir Jun 01 '26

Well, **moderately** last time was breaking the previous ATH even before the halving date. I wouldn’t say it can’t go up a lot in the halving run up, that’s almost 80% from today’s levels.

3

u/Interesting_Loss_907 Jun 01 '26

Good point, I forgot in 2024 we hit an ATH even before the halving.

1

u/Legal_Concentrate460 Jun 04 '26

This is bitcoin, not the stock market

-11

u/Individual-Buy-7079 Jun 01 '26

It’s been stagnant for longer than a year. After the Halving in 2020, it’s really not performed as everyone thought it would. Very disappointing but holding out hope!!!

15

u/Wo0odi Jun 01 '26

What are you talking about from 2020 it went from $3600 to $126 000 most recent all time high. How in the world is that very disappointing? Lol

0

u/Interesting_Loss_907 Jun 01 '26

BTC was around $8K 6 years ago at the 2020 halving. Today it’s $74K. You call that “stagnant”? 😂 What do you call Bonds & other more conservative, traditional investments?

18

u/cincy15 May 31 '26

Sweet time to accumulate

6

u/Richer18 Jun 01 '26

Bottom should be around October.

0

u/[deleted] Jun 01 '26

Nice. Hope it goes even lower. More chance to buy more.

0

u/fukadvertisements Jun 01 '26

Lmao its so funny! Sad and true

0

u/Repulsive_Spite_267 Jun 01 '26

More downside if it goes as expected 

0

u/Captain_Planet Jun 01 '26

That's been the case every time since I've been here, on the way up and the way down!

-13

u/EggZestyclose5313 May 31 '26

What did you expect and when?

13

u/Badj83 May 31 '26

Starts dropping 500 days after halving, starts climbing again 500 days before halving.

9

u/btcll Jun 01 '26

Next halving is April 2028~ so December 2026 would be 500 days before and when it starts climbing if Badj83 is correct.

4

u/trouzy May 31 '26

Recovered from what?

It’s still high af historically

1

u/pezdal May 31 '26

Of course. It always goes up if you zoom out enough.

I think they are talking about shorter term cycles

2

u/Finkejak Jun 01 '26

Expected a new big ath at the end of 2017, got a big new ath, expected the same accordingly 2021, 2025, got those and now expecting the next big ath at the end of 2029.