Ivan On Tech addressed the recent Bitcoin drop and whether it signals the end of the bull cycle. His view: it’s not over.
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The Dip Isn’t a Crash: Bitcoin fell about 4%, which feels dramatic but is small in the big picture. Ivan sees this as a retest of support levels (around 110) before moving higher.
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Bull Market Still Intact: Cycles don’t end with such small drops. Bears keep calling for a collapse, but Ivan says this looks more like a shakeout before the next big pump.
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BlackRock and Institutions: If prices dip further, institutions like BlackRock will scoop up Bitcoin, strengthening the market. Others, like VanEck, still predict Bitcoin could reach $180K by year end.
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Macro Support: The stock market hitting all-time highs, potential Fed rate cuts, and more liquidity entering the system all support a bullish outlook for crypto.
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Altcoins: Ethereum, Solana, and others are consolidating, not collapsing. Breakouts from key resistance levels could trigger sharp moves higher.
Bottom line: Ivan believes the bull market is alive. Short-term dips are chances to buy, not signs of the cycle ending.