Bitcoin BEAR markets: The #1 Disney ride with a 4+ hour wait!

Bitcoin bear markets are like the number one Disney ride in the world, except it’s got a 4-hour wait. But, there’s a huge caveat. Anytime someone gets out of line, the 4 hours resets. Let me explain that analogy and tell you why I think it’s an appropriate analogy for how bear markets end. Now, a bear market is when things are down. Bears slash with their claws down. Bulls attack with their horns up. Therefore, in financial markets, anytime somebody calls something a bull market, they mean it’s going up. And anytime they call something a bear market, they mean it’s going down. So, Bitcoin has been in a bear market for most of the last 10 months. And I believe that bear market ended on July 1st. Only time will tell, but I believe that is what happened. Okay, so bear markets in any asset, it doesn’t matter what it is, gold, silver, you know, stocks, bonds, real estate, any asset, the bear market ends when the marketplace runs out of sellers. Meaning, when there’s no more sellers to buy to sell into the demand for the the asset, then the price has to rise because the upward buy pressure is not offset with sell pressure. So, how does this apply to a Disney ride? Let’s assume there’s a ride at Disney World that is the number one ride in the world. This ride is so great that everybody wants to be on it. It is undisputedly the best ride in the world. Just like Bitcoin historically has been the best performing asset in the world, outperforming stocks, bonds, gold, precious metals, uh real estate, Bitcoin has historically been the number one best performing asset in the world. Okay. So, everybody wants to ride the ride of the number one performing asset in the world. The problem is that ride has a really long wait time cuz it’s in a bear it’s in a bear market. In a bear market, the ride has a long wait time. And let’s assume that every time someone gets out of line, it resets the clock. Now, why does it reset the clock? Because every time someone gets out of line, it’s indicating that they don’t have commitment to hold their spot in line. Similar to they don’t have the commitment to hold on to their Bitcoin. So, every time somebody gets out of line for this number one Disney ride in the world, it means there’s sell pressure. It means the ride can’t start yet because there are still people that are not really committed. There are still people that are not willing to wait 4 solid hours to ride this ride. So, bear markets work the same way. Every time people want to sell Bitcoin more than they want to buy it, the bear market continues. Only when all of those sellers are washed out of the market can the market finally then consistently go up, which I believe ultimately happened on July 1st, but only time will tell. So, let’s assume you’re standing in this ride at Disney, just like you’re sitting there, you’re holding Bitcoin, you’ve been buying Bitcoin, maybe you just got in line buying Bitcoin this morning, whatever it is. But, you are holding your Bitcoin, we are in a bear market, and you want that bear market to end. Maybe you bought on October 6th of last year at 126,000 at the very peak tip top, and you are wondering when is my Bitcoin going to be in the money. Well, first of all, it’s going to be in the money. You don’t have to worry about that. It’s only a matter of time. But, let’s assume that’s you, and you’ve been waiting and waiting and waiting and this has been 10 months. It’s been 10 months or, you know, whatever, 10 and 1/2 months since October 6th of last year. And every time you want to ride this Disney ride, you want to experience the 3-plus years of euphoric number one asset in the world sort of growth and success that you’ve heard about. You want to ride this number one Disney ride. That is what you want to do. But, all these people keep getting out of line, resetting the 4-hour clock. So, the price wants to go up, but it’s too hot outside. So, some people get out of the line. It resets the 4-hour clock. You’re like, great. Some people just got out of line. They left. They got hungry. They went to get some food. They went to get some beverages, whatever. Resets the 4-hour clock. You’re like, “Finally.” You know, at this point it’s whatever. It’s February of this year. You’re like, “Finally. All the people that were getting hungry and thirsty are finally out of line. Good.” You know, we hit $60,000 the first time in February, February 5th of this uh of 2026. You’re like, “Great. All those people out of line. All the people that are hungry and thirsty are finally out of line.” So, you wait around and you know, 3 4 hours goes to 3 and 1/2, 3 hours you’re like, “Great. The price is finally rising. We’re getting somewhere. All is good.” Well, then some people get bored, right? So, they’re not hungry or thirsty cuz those people all got washed out back in in February with the the price pain capitulation on February 5th. But now some people are getting bored. Now we’re dealing with the time pain capitulation. These are all the people that are do not have the patience to wait out the 4 hours to ride the number one Disney ride in the world. One second. So, you’re sitting there thinking, “Okay. All these people are out in February. So, here comes March and you’re like, “March, April, May, June.” And it’s like, “Come on, you people. Stop getting out of line. Everybody who does not really really really want to ride this ride needs to get out of line so that the 4 hours can go by so that we can all ride this amazing ride.” Because every time somebody gets out of line, it resets the clock until we can all ride this amazing ride. And people just keep getting bored. The the time pain capitulation is real. People, it just the sideways price action, the grinding up and down and up and down and you know, the price rises, their hopes are dashed. The price rises, their hopes are dashed. Up and down, up and down, sideways, sideways, sideways. It just grinds people out. It’s just like sitting at Disney World in a line. You know, maybe the ride has mechanical issues. Maybe it’s got, I don’t know, whatever. Uh in this case with Bitcoin, it’s a ride that only the most committed get to ride. That’s just the way it works. If you’re buying an asset in a bear market, it means the bear market’s not over until only the committed remain. So, you’re here, but this this time paying capitulation keeps knocking people out of line. They keep getting bored. You know, you almost get to the 4-hour mark, you know, like in on July 1st, you know, and then suddenly a whole group of people are like, “We’ve been waiting too long. We’ve been waiting all the way since February, and the price is back under $60,000 on July 1st. We’re out.” So, they get out of line, and you’re like, “Come on, you people. We could have had a Bitcoin bull market. We could have had prices going up and up and up, but the last wave of people finally just got bored right before the ride was about to start after their 4-hour wait time, which in this case is like, whatever, 8 months, but you know, the the time’s the line here. I didn’t want to make the ride for this hypothetical Disney ride 8 months long, cuz that’s too long. So, it feels like about a 4-hour wait. You know, 4 hours of waiting at Disney World where the time resets every time someone steps out of line, that feels like about what it would take to make sure that only the committed ride that ride. Well, that in Bitcoin, that’s what it is. We had an eight eight-month, you know, down market from October, November, December, 3 months of last year, plus the first 6 months of this year. So, I guess it was about 9 months, cuz it was July 1st. So, it was six six plus, you know, it was 9 months, and since then another month and a half have gone. So, we’re at 10 and a half months. But, the first nine of that was the bear market. So, anyway, here we are. I think we are at the point where the final washout on July 1st was the last of the people that don’t have the patience, the perseverance, the persist- persistence to stay in the line. I think July 1st was the final washout. The price got down to just under $57,800. Again, the price has never spent even one full day below $60,000 this entire year. So, I consider $60,000 the bottom, but technically for hours at a time it went below 60,000. The lowest was about 58,000. So, yeah, on intraday, meaning for a part of a day, the price went down to 58 on July 1st, but so what? It was back above 60 before the end of the day. Who even cares? So, I think that’s where we are. I think the final people that could not wait 4 hours are off, you know, have gotten out of line. The clock reset for the final time on July 1st, and now we’re in, you know, the waiting period that ends with riding this incredible ride we’ve all been waiting for. And it feels like we’re there. It feels like we’re in the final countdown to everybody agreeing that the Bitcoin bear market is over. Now, I declared the Bitcoin bear market over this morning. Now, does anybody care what I think? No. Does Bitcoin care what I think? No. I’m just a random guy with an opinion, and I’m often wrong. So, I don’t know. But, it feels like this morning was probably the point at which that was, you know, we’re we’re done with the bear market. We can officially say that July 1st was the end of it, and it just feels like that’s where we are. So, anyway, assuming July 1st was the end of the bear market, it feels like today, right after I made those posts on Facebook this morning, the price of Bitcoin jumped from 64,000 to 68,000. Now, will it stick the landing? I don’t know. Maybe we’ll revisit, you know, the low 60s again. Maybe it’ll undercut 61 last time. I don’t think so. I think we’re past all that. I think we’re out of the bear market. I really don’t think we’re going to set a new all-time low. Um or not all-time, but a 2026 low. I really don’t think we’re going to undercut 58,000 again. I really just think that’s just that’s the past. This is the future. It’s not going to happen again. Uh but anyway, so here we are. I think we’re in the final waiting stages for confirmation that everybody that is going to get out of line has gotten out of line. We’re in the final countdown to the start of the ride. The bump in the price of Bitcoin hopefully makes sure that everybody are like, “Ooh, it’s going up.” It went from 64 to 68, you know, literally this morning. And so, hopefully the rest of the people standing in line for this amazing Disney ride that we’re all waiting for, hopefully those people realize, “Hey, we’re in the final countdown.” Like, the price went up $4,000 today. It’s literally a matter of just sitting here a little while longer until everybody agrees that the Bitcoin bear market is over. Not just Joel Baumgar telling you that the Bitcoin bear market is over, but everyone agreeing that the Bitcoin bear market is over. And when everybody agrees that the Bitcoin bear market is over, then it’s over because there’s nobody left to get out of line because why would you get out of line when the next 3 years should be, you know, 3 years of Bitcoin being the best performing asset of all time? Like, that’s what the next 3-plus years should be. So, here we are. I think the Bitcoin bear market is over. It feels like all the people who are going to get out of line, meaning sell, sell Bitcoin as in capitulate, as in lose out at the bottom, which is something you should not do. It feels like all those people are out. Feels like they’re gone, you know, they were washed out of the market. They either got scared out on February 5th or they got worn out between February 5th and July 1st. And everybody hanging on from July 1st forward feels like the true believers, the committed, the remnant, the people who actually deserve to have 3 solid years of up momentum for Bitcoin. Now, that does not mean the 3 years is going to be contiguous. It’s going to go up, then it’s going to drop, it’s going to go up, and it’s going to go, you know, there will be drops along the way just like there was in 2023, 2024, and 2025. But, it’s a whole lot more fun when the general trajectory is upward and every drop is met with a rebound. That is a much more fun life to live in the world of Bitcoin than what we have been living for the last 10 and 1/2 months, which is, at least for nine of those 10 and 1/2 months, has been mostly downward, sideways, and grind, which is just brutal. So, I think we’re through it. I think it’s mostly up from here. Just like wet stairs, couple steps up, you know, miss a step, slide back, couple steps up, miss a step, slide back. We’re going to experience that, but it should be a pretty fun ride for the next 3 years, and that’s why we’re all here to transform the monetary system of the world and outperform every other asset on the planet, which is what I think we’re about to do. So, enjoy the ride, strap in, get as much Bitcoin as you ever want to own. The next 3 years should be epic. You’re going to love it.