Bitcoin will continue to dump until consumer confidence and employment stabilized

With so many posts on this reddit being bag holder anonymous trying to pump bitcoin back to their original entry point, I would like to remind you that this will continue until consumer confidence and employment stabilized.

Those who are pureset, maxi pad, or idealist are failing to understand that he majority of investors are not like them.

The global average age of a crypto user in 2025 is about 34.8 years.

In the U.S., the median age of a crypto asset owner is around 37 years.

The age-bracket 25-34 is the largest single group of crypto users: about 31% in 2025.

The 18-24 age group makes up about 20% of global crypto users in 2025.

These age groups are highly vulnerable to economic fluctuations, and they are in it for the money--not ideal. They will continue to dump bitcoin to either take profit or cut losses. This is especially true when you are seeing headlines like the following:

New foreclosures jump 20% in October, a sign of more distress in the housing market

https://www.cnbc.com/2025/11/13/foreclosures-rise-october-housing-market-distress.html

Nearly 900,000 new homeowners are underwater on their mortgages, signaling a troubling shift in the housing market

https://www.marketwatch.com/story/nearly-900-000-new-homeowners-are-underwater-on-their-mortgages-signaling-a-troubling-shift-in-the-housing-market-21fce9fc?gaa_at=eafs&gaa_n=AWEtsqemQ3Qu2qgIIZXgtgHVONfiUC_tAx-H1iCMDIHaJb3dDOoC1L1j-MrtNrOFovA%3D&gaa_ts=691a0110&gaa_sig=LqOgR9g2o6M41pkPC0RkK0b5FzBXLXjqkyPcFMVngC19i_SQ15UUbj5zsTYuQzqocugtsnlvNiWkj3Bj6iIDLQ%3D%3D

China’s unemployed Gen Z are proudly calling themselves ‘rat people’—they’re spending all day in bed in a rebellion against burnout

https://fortune.com/2025/11/14/china-unemployed-gen-z-rat-people-rebelling-against-workplace-burnout/

‘It’s so demoralising’: UK graduates exasperated by high unemployment

https://www.theguardian.com/society/2025/nov/15/its-so-demoralising-uk-graduates-exasperated-by-high-unemployment

October Jobs Report to Skip Unemployment Rate, Hassett Says

https://www.bloomberg.com/news/articles/2025-11-13/october-jobs-report-to-skip-unemployment-rate-hassett-says

Consumer Sentiment Falls Toward Record-Low Levels

https://www.wsj.com/economy/consumers/u-s-consumer-confidence-slides-in-november-8b5a459a?gaa_at=eafs&gaa_n=AWEtsqfYS8F1y0PRyM8x8Z41LlInnNErozlpmskkpLEiFfPY-sKcIwkIHwEXSn8rpa0%3D&gaa_ts=691a0184&gaa_sig=3aJrnu61kppYr4v8nDsxTvH11Lm5hjDwTUaYNN4HIBfJ69sqSWQhCP_ETf9r-bC2ePls7F1lL8RF-tMVLJUGOA%3D%3D

With that said, the only thing that I can see in the foreseeable future that might pump the market and bitcoin is the news that we will get the September job report, and we know it will be cooked to make it look good. Also, we might have a Thanksgiving and Santa rallies.

BLS Says September US Jobs Report Will Be Released Nov. 20

https://www.bloomberg.com/news/articles/2025-11-14/bls-says-september-jobs-report-will-be-released-nov-20

However, after the possible rallies, we're looking at a shitty 2026 because if AI doesn't change everything and profit margin is only 14%, Everything is going to get dragged down. You can keep posting meme to try and pump it, but we have already broken through the 100k and 95k resistances. The psychology is already bad. If Bitcoin breaks the 90k resistance... oh boy, we're going to see steep drops instead of people buying dips.

There is no job security and stable income coming in. Buy dips? With what? We're broke bros.

Edit. Holy fuck shit. I wrote this post when bitcoin was 95k. I didn't expect it to drop that much.