Bitcoin's $103k Test: What Your Gut Is Telling You Is Wrong

That knot in your stomach? The one whispering sell, sell, SELL? That's your lizard brain screaming about Bitcoin's recent dip. It's natural. It's primal. And it's probably wrong.

We've all been there. The market crashes, red candles flood in across your screen, and before you know it your well thought out strategies look…silly. Then you read the headlines blaring about the increasing geopolitical tensions, mentioning impending Israeli airstrikes on Iran, and panic starts to set in. You imagine, “Oh my God, this is it. The end is nigh. Your gut is lying to you.

Panic Selling Is Never The Play

Consider the broader picture. For generations, crises of all sorts—civil unrest, hunger, coups, and famine—have been invoked cynically to cash in on market opportunities. Fear is an incredibly effective weapon, and no one is better at using it than Wall Street. They need you to panic sell. It lets them pick up valuable assets, like airlines or equipment manufacturers, at fire-sale prices.

The market always overreacts. It's a pendulum swinging wildly. The next day, incautious exuberance takes buying too far and prices to unsustainable levels. The next, fear sends them crashing down. This is not new. This is how markets work.

Now, before you throw me out of this truck stop for being a crazy HODLer, hear me out and consider the facts. Bitcoin was able to find support near the $103k level even with all the geopolitical noise. No matter what happens, dip buying is still a dominant market force. Someone is hand over fist buying that dip, and news flash, it’s not your grandma. It's likely institutional investors and experienced traders who understand one crucial thing: fear is an opportunity.

Remember the early days of the pandemic? The market crashed—not just the stock market, but the entire real estate market—and the sky was falling. People sold everything. Those who stayed the course – or better yet, bought on the dip – were well compensated. History doesn't repeat, but it often rhymes.

Bitcoin Is More Than Just A Chart

Yes, technical analysis matters. As such, key technical levels around $100,000 as support and the previous all-time high close of around $111,980 form key areas to watch. Focusing solely on the chart is like navigating a ship by only looking at the compass, ignoring the stars.

Bitcoin's value isn't just about price action. It's about its underlying fundamentals. It's about scarcity. It's about decentralization. We see it as being a hedge against inflation and government overreach. These fundamentals haven't changed. In truth, in a world of growing geopolitical disorder and monetary degradation, they’ve turned out to be more timely.

Consider the state of the world. In short, governments are handing out cash like there’s no tomorrow. Public trust in institutions has reached a historic low. Folks are looking for something else, for something that is outside the political class and central banker cabal. Bitcoin offers that escape.

Look at it this way. Imagine you're living in a country with a corrupt government that's constantly devaluing its currency. Would you prefer to store your savings in that currency — or Bitcoin? The answer is obvious. Bitcoin has become a lifeboat in this sea of financial uncertainty.

Are You A Sheep Or A Shepherd?

Most people follow the herd. They buy at the top when everyone else is buying, and they sell at the bottom when everyone else is selling. They are not cattle, swayed by herd mentality. They are sheep, driven by fear and greed.

You don’t have to follow the herd. You can be a shepherd. You can think for yourself. You can do your own research. You can do more than tune out the chatter and think long-term.

Here's the truth: investing in Bitcoin is risky. It's not for the faint of heart. But the potential rewards are immense. If you trust in the long-term promise of Bitcoin, keep a cool head. A drop of this magnitude is not a time to freak out. It's a reason to rejoice.

Treat it like a Black Friday door-buster sale. Everything is discounted. This is your opportunity to stack up those Satoshis before the price goes higher.

Of course, this isn't financial advice. But I’m a guy on the internet with an opinion. But my opinion is this: don't let your gut make your financial decisions. Know your risk, do your research, and invest wisely. Perhaps most importantly of all, have the courage to be bold when others are still scared.

So that $103k test wasn’t the harbinger of death. It was a test of your resolve. Did you pass?

That $103k test wasn't a sign of doom. It was a test of your resolve. Did you pass?