Think back to bitcoin's past cycles. At the bottom, everyone had a very big fear that bitcoin would be scammed. And people weren't buying bitcoin, they were trying to sell on those red candles.

And what do we see now? There is no fear at all. All they say around the world is that 20,000 is the bottom and you have to buy. When you are sitting smoking a bong and two ordinary guys are sitting next to you and one says to the other bro 20,000 is the bottom and you have to buy bitcoin. It's definitely not rock bottom.

We have to get to a hell of a scare when 95% of the community is thinking about scamming bitcoin and only then is it bottom. A true bottom.

Why do I think the true bottom will be around 10k. Because there's a huge amount of liquidity there. And when we get there, everyone will probably be relaxed. We'll go 8 000 and then the panic will start, because the profit margin will be 60-80%.

Think back to bitcoin's past cycles. At the bottom, everyone had a very big fear that bitcoin would be scammed. And people weren't buying bitcoin, they were trying to sell on those red candles.

And what do we see now? There is no fear at all. All they say around the world is that 20,000 is the bottom and you have to buy. When you are sitting smoking a bong and two ordinary guys are sitting next to you and one says to the other bro 20,000 is the bottom and you have to buy bitcoin. It's definitely not rock bottom.

We have to get to a hell of a scare when 95% of the community is thinking about scamming bitcoin and only then is it bottom. A true bottom.

Why do I think the true bottom will be around 10k. Because there's a huge amount of liquidity there. And when we get there, everyone will probably be relaxed. We'll go 8 000 and then the panic will start, because the profit margin will be 60-80%.