Why I KNOW bitcoin will come back and set a new ALL TIME HIGH!

How do I know that Bitcoin will come back and set a new all-time high after the current Bitcoin bare market? Well, a bunch of reasons, but let’s start with a little history. First of all, this is Bitcoin’s fifth bare market. The first was in 2012, then 2014, then 2018, and then 2022, and Bitcoin went through bare markets back then for the exact reason a it’s in a bare market right now. A bare market is a pessimistic market where positive news does not seem to move the price and for a period of time an asset in this case Bitcoin but every asset from time to time goes through bare markets. So that is normal. Um so this is Bitcoin’s fifth bare market. It has recovered every time from bare markets much much much uh more uh difficult lower hostile than this one. This is like a baby baby bare market. So, why does it always come back? Why did Bitcoin bounce back from $2 and set a new all-time high? Why did it bounce back from $92 and set an all-time high? Why did it bounce back from $3,200 and set a new all-time high? Why did it bounce back from 5 $15,500 15500 and set a new all-time high most recently in 2022? And the answer is because the underlying technology of Bitcoin is incredibly valuable. Humans need money and use money as a way of storing their saved up time and energy for a point in the future when they want to spend it. That’s what money is. It’s m money is a way of storing time and energy for the future. Money is valuable. The other alternatives we have for money have flaws in them. Gold cannot be stored uh simply and easily. It’s not divisible. It’s not useful for payments. And uh gold uh in addition is very hard to send across the internet. In fact, you can’t. You have to physically ship it. The US dollar, which is mostly represented in electronic forms these days, also had a has a problem, which is that the US government never stops printing about 7% more of it every year. So, even though the world economy can’t possibly absorb 7% more US dollars every year, they keep printing that much anyway, and the remainder shows up in inflation. So the reason prices of everything keep going up is the economy, the world economy can maybe absorb, you know, two or three percentage points more US dollars uh every year without the prices rising, but they print way more than that. And when you print way more than that, the result is that the rest of that shows up in inflated prices because the economy can’t absorb the extra dollars. So they print 7% more money every year. You know, 3% of it can be absorbed by world human productivity growth. The other 4% doesn’t have a choice but to show up as inflation, which is why we have the inflation we have. Okay? So, the dollar is flawed because they never stop making too much of it. Gold is flawed because it can’t be sent across the internet and is not easy to use in electronic form. And so, we have Bitcoin, the one money that meets all six attributes of a perfect money, which is divisible, durable, portable, fungeible, authenticable, and most important, scarce. It has all of the benefits of gold and all of the benefits of the US dollar all in one in an asset that you can custody yourself and send anywhere in the world. And once you’ve seen the incredible power of sending any amount of money in anywhere in the world for 13 cents or something like that, you realize, wow, this is incredible. 24/7. No banks in the middle. Nobody can freeze it. Nobody can seize it. Nobody can take your Bitcoin. uh it’s the only thing with that you can send any amount of money anywhere in the world in a way that absolutely nobody can stop including all the governments in the world that you can do that you know on a Friday night or a Sunday afternoon it’s incredibly powerful to have a way to store time and energy to store value which is your saved up time and energy or time and energy you inherited from someone else who you know gifted it to you or willed it to you. It’s incredibly valuable to to be able to do that. And as a result, the thing that enables you to do that, which is Bitcoin, has a lot has an inherent underlying value that will never go to zero. And right now, every time because of, you know, worldwide adoption, the price of Bitcoin always lands at a lower price uh sorry, the lowest price it ever lands at is a price significantly higher than the lowest it’s ever been prior to that. Which is why in the last bare markets the price plunged to $2 and then it plunged to 92 and then 3,200 and then 15,500 and in this Bitcoin bare market 60,60 nearly quadruple the lowest the price ever got in 2022 which was the last Bitcoin bare market where FTX blew up, a bunch of companies went bankrupt, the whole crypto the whole crypto world which I had had acquired a bunch of uh graph uh grift and scams and stuff not related to Bitcoin but related to other crypto tokens. All that blew up and got wiped out and it dragged Bitcoin down with it. So even in that case, the lowest it went is 15,500. In this case, worldwide market adoption is much higher. So the lowest it went is 60,000. That doesn’t mean it can’t go below 60,000, but if it does, it probably won’t be by much. Uh but regardless, so in the future, uh the price will always bounce back. It’ll always bounce back because the ability anywhere in the world to be able to transmit value to anyone 24/7 is valuable. The ability to store time and energy in something that nobody else can make more of is valuable. And that value, the absolute minimum amount that humans are willing to value that value at historically has been the lowest price during a Bitcoin bare market. At the very bottom of a Bitcoin bare market is the only time you know with absolute certainty what is the lowest price the price could possibly go if the asset is completely out of favor and not built on speculation at all. And we know those prices. The that price in 2012 was $2. In 2014 it was $92. In 2018 it was $3,200. In 2022 it was $15,500. And in 2026, that price is probably 60,000 again, unless we undercut it later this year, which is unlikely. There is a greater than 90% chance that we do not touch $60,000 ever again, and that $60,000 back on February 5th was the bottom of this Bitcoin bare market. If that’s the case, again, we know on February 5th when the price touched 60,000 that that was the underlying most base, most floor, most absolute bottom line value of Bitcoin because when the price plunged that low, if you were a speculator or a tourist, you didn’t know what you had, you were easily freaked out, you know, etc., you were dumping your Bitcoin. So, if you still own your Bitcoin after February 5th, it means you at least have a little bit of, you know, fortitude, mental fortitude, you got the stomach for it, you could at least last um the roller coaster. So um so anyway, Bitcoin the ability the having an asset that has perfect monetary properties can be sent worldwide anywhere in the world in a matter of seconds that nobody can take from you, nobody can stop your transactions that works in in anywhere in the world that can be converted into or out of any currency anywhere in the world at any time. Having all of that in a single package where there’s no central middleman, there’s nowhere the government can go to shut it down. It runs on a network of computers, more than 100,000 computers all over the world. Um, and as long as one of those computers is running, the Bitcoin network is operational. And those computers are even running on satellites. So, in order for the Bitcoin network to go down, not only would the entire internet worldwide have to go down and stay down, all of the satellites in space would also have to fall out of the sky. And only at that point would Bitcoin temporarily uh be down until the very first one of those computers came back online or the very first satellite, you know, came back on and then Bitcoin’s back in back in the running. So, uh, Bitcoin always bounces back because the ability to do what Bitcoin does is a very valuable thing for humans. And as a result, they will continue to store more and more of their wealth in Bitcoin. And as a result, over time, notwithstanding periodic bare markets, the price of Bitcoin will go up and up and up over time, which is what has always happened and what has will continue to happen. Which is why again I am absolutely certain we will go on to new all-time highs at some point in the future just like we always