Market Uncertainty Leads Opportunity - BTC Recovers >65k
These last 2 weeks have been brutal rollercoaster of crashes and recovery and honestly with the amount of geopolitical and macro negative headlines flying around, you'd expect Bitcoin to be down even more than it currently is. But it's not and that's really telling. ๐ - We've seen macro shocks - tariff headlines, policy uncertainty that pushed BTC down quick - Then the recovery snaps back quickly because of high demand and shorts getting squeezed - Next, Iran strike rumors strengthen, embassies are emptied, BTC falls - US + Israel Strike Iran and BTC plummets even more - The next day, the Ayatollah confirmed strike and BTC jumps above 66k This is my 3rd cycle and the part I've learned to watch closely during a downturn or "bear momentum" in a bull cycle is the price level where BTC always finds strong demand. Right now that's the 60-65k area which is massive because last cycle was it was around 30-33k and before that it was 8-10k. The point is - Bitcoin is volatile by design. It moves like a global risk asset that trades 24/7 and it reacts to things happening all over the world, so why trust it as a potential savings asset? Bitcoin is a long term savings focused technology, not a short term investment account. We trust Bitcoin because it's "trustless" meaning we don't have to trust anyone to make sure it "works" and the drawdowns are the tradeoff we make for scarcity because it's still an early adoption asset. The important thing to note is how the network is growing and the involvement we're seeing. - more miners, more infrastructure, more liquidity (important - bigger swings) - miners finding new ways to secure the chain (AI Infrastructure plays to increase revenue) - now institutions are participating DESPITE the volatility (MASSIVE) Protect your mental capital and avoid the emotional rollercoaster that comes with the huge swings we're seeing in BTC price. As always, we're staying cool, dollar cost averaging and staying safe. Don't bet your life on this. Stay responsible and as always do your own research!