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Ivan On Tech -BITCOIN: TIME TO PANIC!!!!? DUMPS SO FAST.. (16.04.2024 Summary)

Ivan On Tech -BITCOIN: TIME TO PANIC!!!!? DUMPS SO FAST.. (16.04.2024 Summary)

Ivan believes the recent Bitcoin price dump is just temporary volatility within a larger bullish trend.


  • He explains that we are nearing the next Bitcoin halving event, which has historically led to major price increases.

  • Ivan feels the recent outflows from Bitcoin ETFs are a reflection of short-term sentiment, rather than a fundamental shift. He notes that institutions tend to follow the market rather than lead it.

  • Importantly, Ivan highlights that cryptocurrencies are gaining adoption for international payments, especially by countries facing geopolitical isolation. He sees this as a major long-term use case that will drive continued growth in Bitcoin and other cryptocurrencies.

  • In terms of strategy, Ivan advises staying focused on the big picture and not getting caught up in day-to-day price fluctuations.

  • He recommends a DCA (dollar cost averaging) approach rather than trying to time the market.


Overall, Ivan remains very bullish on Bitcoin’s long-term potential despite the recent dip.