Maybe This Really Is What a Bottom Feels Like

Honestly, the last few days in crypto have felt heavier than i expected. Bitcoin slipping under ninety thousand for a moment kind of made everyone freeze. it’s the lowest level we’ve seen in months, and the whole vibe has been shaky anyway, so maybe it makes sense that people look like they’re walking on glass. ever since that big liquidation on October tenth, the market has been moving like it forgot how to breathe. Every bounce feels half-hearted, and every dip gets a little too much attention. You can almost feel traders second-guessing themselves in real time, especially with everyone obsessing over whether the fed will cut rates in december.

and yeah, that uncertainty has been sitting on the market like a weight. you can see it on the charts, but also in the tone of conversations. People sound tired. The selling has this sluggish rhythm now. a few weeks ago everything felt sharp and reactive, but now it’s more like the market is dragging its feet. I’ve been staring at the candles more than I care to admit, and there’s this kind of wobble that shows up when a trend is running out of fuel. I’m not trying to sound like i know the future. it just has that familiar feel of a downturn that’s losing momentum.

when bitcoin dipped into the high eighties this week, i caught myself checking the price twice just to make sure i wasn’t hallucinating. not because I was panicking, but because it’s one of those moments where reality feels slightly out of frame. and honestly, there isn’t just one clean explanation for why the price has been so soft. etf outflows, whales trimming their positions, geopolitical tensions piling up at the edges of the news cycle, macro worries about the economy, even people getting spooked about AI valuations or whatever trump’s tariff plans might turn into. It all swirls together into this weird, heavy mess.

Still, even in the middle of that mess, I keep coming back to this quiet feeling that we’re sitting in one of those rare windows people only appreciate later. The kind of moment long-term investors usually love, though they never say it out loud while it’s happening. I keep thinking these prices might end up looking like one of those “oh, that was the chance” moments. Not for a quick flip or anything, but for the kind of timeframe where you actually forget you even bought because life moved on.

Bitcoin has always been the canary. It breaks before everything else, it warns before everything else, and somehow it finds its bottom first too. Watching the last few weeks unfold, it’s hard not to see that pattern lining up again. Every risk-off wave in the broader market seems to echo the earlier drop in Bitcoin. And if the rhythm holds, then yeah, it probably bottoms first as usual. And honestly, it feels like we’re very close to that point.

Right now Bitcoin is hovering around the low ninety-thousand range, almost thirty percent down from the all-time high it hit in early October. Thirty percent sounds dramatic on paper, but the energy around it isn’t panicked. It’s strangely muted. I’ve actually been pretty optimistic about stocks heading into the end of the year, and usually when equities find their footing, Bitcoin catches a lift too. Or even leads the charge. So the idea of a new high sometime before New Year’s doesn’t sound that wild. Not guaranteed, obviously, but not crazy either.

The more I sit with everything, the more this whole stretch feels less like a collapse and more like that awkward middle part of a reset. The part that never feels good. The part where markets shake out anyone who wasn’t really committed. It’s the phase that only feels sensible after it’s over. Maybe I’m completely off. That’s always possible. But if this instinct is even half right, then this slightly scary, slightly uncomfortable window might end up being one of those rare stretches people look back on and think, yeah, that was the moment I should’ve paid more attention.