BTC Can Rip Because Everyone Expects Nine Months of Pain
The people that have been around for multiple cycles have experienced buying Bitcoin's dips too soon. Thus, they are holding back from unloading their clips in the current correction.
What Bitcoin likes to do, is make the greatest number of people regret their buying and selling decisions. it's this reason that Bitcoin is more likely to take off than continue a long slow bleed to $40k.
If you can accumulate 1 BTC and it's eventually worth $500k, buying one at $70k vs $50k means your made $930k instead of $950k. If won't matter. Don't let the 4-year cycle theory hold you back from buying now.
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