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I Think We’ve Bottomed.
A.Z.6 min read·Just now--
But can Bitcoin still go up from here?
Let me start with something a lot of people won’t say out loud: the worst is probably over.
Not “probably over” in the way people say it on Twitter to calm their own nerves. I mean it in the way you start to feel when you’ve watched enough cycles, absorbed enough bad news, and noticed that the market has stopped caring the way it used to.
- We went to $60,000.
- The Strait of Hormuz partially closed.
- Tariffs came back.
- The Fed held rates.
- And Bitcoin… didn’t break. It sat there.
I think we bottomed somewhere in that low-70s range (in all the war and chaos expectations), and I think the next few months are going to look a lot like early 2025 — choppy, grinding, testing your patience — before we eventually look back and realize this was exactly what a floor looks like before anyone agrees it was one.
The question is what gets us out of it. And I think most people are looking at the wrong thing.
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