Why am still bullish?
Read This Before You Panic
Everyone suddenly freaks out the moment Bitcoin stops printing green candles. My DMs are full of “are we in a bear market?” and “why is BTC dipping so hard?”
Relax. This isn’t a bear market. It’s a deeper pullback — and exactly what you should expect at this stage of the cycle.
Here’s the reality:
When BTC was at 20k or 30k, the market was tiny compared to today. Now we’ve got heavy institutional flow, ETFs, banks, funds, and a much larger pool of retail liquidity.
That means one thing: the higher the trend goes, the bigger the pullbacks will be. It’s just math. More demand + more liquidity = deeper corrections needed to rebalance price.
Look left on the chart — because the truth is always on the left side.
Last cycle we had the same behavior: big impulse → deep correction → new high. This cycle is no different.
BTC moved from ~30–60k to 100k+, pulled back to the mid-70s, made another all-time high… and now we’re in another corrective leg. And guess what?
This whole area on the weekly is just a value gap / imbalance being cleaned up.
Nothing changes the macro trend.
Structure is still bullish.
Momentum is still bullish.
We’re nowhere near a real bear market structure.
Could price wick into the 70s? Sure. If it does, that’s liquidity hunting — not a trend reversal. But personally, I don’t see a clean break below 70k unless it’s a quick sweep.
This is not the time to scream “bear market.”
This is the time to understand that Bitcoin at 89k pulling back is completely normal in a high-liquidity, high-participation environment.
Zoom out.
Stop panicking.
The macro trend hasn’t changed.