Bitcoin Drops -85% Every Bear Market Everything has a Growth Limit

Michael Saylor:  Bullish on Bitcoin.

Community Reaction:  Bitcoin price trends is not rocket science.  Bitcoin drops -85% every bear market. So, 85% drop from last ATH and based our previous analysis, bitcoin must retest $9k – $11k. High chances of a bottom in Aug-Sept because of the #MTGOX repayment of 150k bitcoins.

Bitcoin has been a bullish asset since it’s launch 13 years ago. Bitcoin went from below one dollar to $69K, then corrected; so it will definitely pump more in future. BTC never stays down for long — the hard cap and unlimited adoption makes sure of that. Always bullish on BTC.

Crypto influencers be like: Bitcoin will either go up or go down in the next few months.

Michael, you have billions on it.  If you weren’t bullish, you would have been a problem.

Bullish on the crypto space at large, I believe the whole space has a lot to offer in the future. The space will keep growing and keep getting better.

Saylor’s Critics: “MicroStrategy will be liquidated as Bitcoin plunges below 21K”

Michael Saylor: “More Bitcoin pls!”

Michael Saylor’s strategy is to add and HODL Bitcoin.

Everything has a growth limit – including bitcoin.

Michael, explain to people you are holding for decades that is why you don’t care if it goes to 12k short term.

My guess is Bitcoin will break its downtrend line sometime in September. At which time, the Fed funds rate will be about 2.4 (close enough to previous high) And, probably a Fed pause.

I wonder if life is easier for those who followed your advice and took out 2nd/3rd Mortgages on their house and used their business as collateral to take out loans to buy at the top? Wouldn’t it be crazy if Saylor was just using retail investors to prop his companies bet on BTC?

Converting your Bitcoin to USD, you can actually find businesses who will accept them.  Thinking you are the smartest guy in the room doesn’t make it so.

Life is never easier. With money or BTC.  It could be more interesting indeed. But Life always finds a way to balance you out so you can be in sync with the universe and the pain of your fellow men, women, and all beings.

Michael, can you explain your system of thinking sometime? I notice when you speak a point you go through layers of depth and analyze the effects on each. I think a lot of people have a hard time following you because they have a more linear thought process.