Bitcoin's current 76-day, 30% dip mirrors three earlier pullbacks in this bull cycle, each lasting 43 to 144 days with similar losses. The speaker argues this is normal volatility, not a bear market, and warns against panic selling. Stablecoins, not Bitcoin, will fuel the next altcoin surge.
We are most certainly not in a bear market. And honestly, you should be questioning if a person is actually even entertaining the thought that we could even possibly be in a bear market right now. This is Bitcoin's current cycle. And what I'm not going to do is go back in history, because if I go back in history, it's going to prove my point even more. Let's look at the most recent data we have for Bitcoin's price. This is the current dip that we're experiencing right now, but we had a dip over here. And we had a very similar dip over there as well. So we have already experienced this two times before. We have already had the same exact scenario, very similar scenario two times before. So there's nothing different this time. Let's take a look at our recent dip. If you look at the top of Bitcoin's price at 123K and where we're currently at right now, it's been only 76 days. A 76-day dip and we could have very likely already bottomed. If this was actually the bottom right here, and we're just going up because we're making higher lows, this looks really good, right? This was actually the bottom. That means we only dipped for 43 days. Let's look at the last dip when people panicked about the market being over as well. This one lasted 83 days, not 40 days, 83 days, and we went down about the same percentage, 31 versus the other one, which was 35%. Again, the same bull cycle, the same exact bull cycle. Let's take a look at this one over here. I told you we've had worse situations in this bull cycle already. I don't know what everybody's freaking out about. This one took 144 days to bottom. Look right here, 144 days, and it went down 32.57%. We are currently at 76 days and it's down 30%. I genuinely do not understand what people are freaking out about. Patience will pay in this market. If you freak out about every dip and if you get overly excited on every pump, you will get wrecked. I know many people that got too excited on the pump, dumped their entire— they dumped their entire stack in. Right now, that's the only reason people are panicking right now is because they were using bad risk management. Risk management— like, you cannot— when the market goes up, you cannot go all in, bro. And when the market goes down, you cannot panic. That is the point of trading. Flip the script on your emotions. Do the exact opposite of what your emotions say. We are not in a bear market. We've experienced this multiple times, and this is just Bitcoin's price. My main point that I have been trying to prove on the internet is that the liquidity for the altcoin cycle that we have been waiting for— we've been waiting for the altcoin cycle— that money is not even going to come from Bitcoin. It's going to come from stablecoins, which is the fastest growing cryptocurrencies on the face of the planet right now. It's growing faster than Bitcoin itself. It's go— the adoption of stablecoins is going parabolic. That liquidity is much easier to get into altcoins than Bitcoin, trust me.
