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Q: Do you believe that Bitcoin will fall below $100,000 again in the next bear market?
Answer: Absolutely. No matter how high it flies, I fully expect Bitcoin to fall back to the range of $75,000 to $85,000 during the next major adjustment. This is likely to be the bottom of the entire cycle.
Q: Is it wise to enter a long-term hold now?
Answer: To be honest, if you are still asking this question now, you have already missed the three years of golden accumulation period, and you are likely a fool. Is it wise? Not at all. But can you still make money? Yes. The market rewards participation, and sometimes it also rewards foolishness.
Q: Has the Bull Market ended?
Answer: No, the bull market has not ended. But we have entered the later stage, and euphoria is starting to form. I will not buy in now. This is not the entry zone for early investors. From now on, it is more important to manage risks rather than chasing high prices, in other words, to avoid FOMO.
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