Bitcoin price dips? ZOOM OUT for a few hours!

Bitcoin's price dips are not as bad as they seem. You just have to zoom out for a few hours. So, let me tell you what I mean by that. First of all, the uh price of any asset is measured on a daily basis. It's measured from uh 6 or 700 p.m. Central time until 6:00 or 7:00 p.m. Central time the next day. It's GMT minus 6. Uh although if we're in daylight savings time, it makes it GMT minus 5. That means the start and end of a trading day worldwide including all the markets Asia, Europe, uh the Americas, etc. The start and end of the trading day is uh measured from let's call it 6:00 p.m. Central time, Central Standard Time to 600 p.m. Central Standard Time. So when you see the highs and lows of any asset, often those are what are called intraday moves. What is an intraday move? That means the price went up or down within the day, but it actually had rebounded some or come back down or go gone back up before the end of the day. So, for example, if you analyze the three most recent price dips where the price dipped at least 30%. You've got one of those in 2024 and you have two of those in 2025. So, if you look at it in 2024, the price went up to what looks like 73,800, but it was really 73,000. The price never closed uh any more than just barely above 73,000 and then it dipped down to 49,500. I'm using round numbers. Price dips down to 49,500. But again, that was an intraday price move, meaning the price dipped down within that 24-hour period between 6 p.m. and uh 6 p.m. the next day, but it wasn't actually down there for longer than, you know, a few seconds, a few minutes, or a few hours. If you look at how low that price actually dipped in the 24h hour period, the lowest it actually got was $54,000. Not $49,500. It was $54,000. So if you think, well, Bitcoin's volatile, it dropped from 74,000 to to less than 50. It's like, well, technically that's true, but it only went to 74,000 for a matter of hours at most, and it only dipped to 49,500 for a matter of either seconds, minutes, or hours. But it wasn't today. By the time 6 or 7 p.m. rolls around, it had already rebounded to 70 to $54,000, not 49,500. So, the same thing was true in 2025. The price went up to 109, but really that was an intraday price move. The price in the first half of 2025 never went above 106 106. Uh which again it means almost nobody bought it above 106 because it was only above 106 for a matter of at most hours until it uh came back down to 106. So the price dropped from 106 down to like whatever it was 73,000 something. But again, that was an intraday price move. So it had already rebounded by 6 or 7 PM back to $76,000. So you really go dropping from 106 to 76, not from 109 down to 73 and change. That again, the top of that and the bottom of that were only there either seconds, minutes, or hours, which means almost nobody actually bought the peak of the high between 106 and 109 in the first half of 2025. and almost nobody had to capitulate at the low below 76,000 because again it was only there for less than a day. In the second half of 2025 you had the same thing which was the uh the the highest the price went was 126 but again the actual price at the end of the day had come back down to 104 sorry 124,700. So again, people say, "Well, the high was 126." But it's like, "Yeah, but that 126, we were only there for a matter of minutes or hours. We were not there for any meaningful period of time." So again, when you look at the price and you say it roared up to 126 and then it crashed to 80,000, that's not really what happened. What happened is it went up to 124, not 126, and it crashed to 84, not 80,500, because again, it was only at 80,500 for a matter of minutes or a matter of hours. And again, unless you got liquidated because you were using leverage or doing something stupid with your Bitcoin, you know, if the price drops that fast, that quick, give it a minute. Like, just give it a minute. Breathe. Like, you don't have to sell your Bitcoin at $81,000. you know, it rebounded to 84,000 by the end of the day and it was at 86,000 within a day or two. It's helpful when you're looking at things to look at it as daily closes and daily opens, even though that's not what any of the mobile apps are going to show you. The high and low prices the mobile apps are going to show you is always the highest it ever touched even for a second and the lowest it ever touched for even a second. Now, those numbers do matter if you're using leverage. If you are buying Bitcoin by borrowing against your Bitcoin on Strike or Leen Leedn, which is the other major platform that people borrow against, or borrowing against, you know, you can do it on Binance and places like that. If you're borrowing against your Bitcoin, I guess you can also do it on Coinbase. Coinbase will let you use the Morpho part protocol, although I don't necessarily trust that technology, but regardless, um, if you're borrowing against your Bitcoin, those levels absolutely do matter. because you can get liquidated at those levels. So if you had a Bitcoin backed loan with a liquidation price of 81,000, meaning at 81,000 you are going to be a forced seller for a portion of that Bitcoin backed loan to bring your loan to value back up to a healthy place. Um, for example, I think uh strike I think if you uh your loan to value is starts at 50% I think if it gets to 60% you get a margin call and 70% it's like force liquidation I forget maybe it's 70% and 85% whatever it is if if the magic number for you is you know 81,000 and the price can't go that low or you become a forced seller at that price then it doesn't matter if it touches it for one second because in that one second you get a portion of your Bitcoin liquidated to cover the margin call to get your loan to value healthy again. Which is why I do not recommend people borrow against their Bitcoin because you can get in trouble that way. You can't if you borrow against your Bitcoin to buy Bitcoin, you can't just ride it out. You can't say, "Hey, the price dipped, but I don't care. I'll just wait." Because if the price dips low enough, you get a forced liquidation to um make your to, you know, to bring the the health of your um Bitcoin backed loan back up. Um, and in that split second of force liquidation, there's nothing you can do about it. If you're force liquidated, you're force liquidated. Uh, you may want to go back and buy that Bitcoin at you got force liquidated at 81,000, but by the time you get around to buying it, you know, minutes or hours later, the price has bounced back to $84,000. There's no way you're going to get $81,000 Bitcoin. You were a seller down there, but you can't be a buyer down there. Um, unless the price goes back there and waits around for you. Um, so anyway, all that to say, when you see these big price swings from, you know, 126 down to 80,500, just realize those the peaks and the troughs of that are intraday, meaning they happened within a day. And the actual price swings are a lot lower than that. Um, not a lot lower than that, but again, it's 32% price draw down from 124 to 84 is more accurate for the actual lived experience of Bitcoiners. other than the fact that once you see a price you can't unsee it. So everybody thinks well Bitcoin peaked at 126 even though almost nobody bought it up there and you know then it crashed 80,500 again even though almost nobody sold it down there um because it was down there or up there such a very very short period of time. So uh anyway now Bitcoin is what is it $93,000. I consider now to be a great time to buy Bitcoin. Sure it's going to go up and down but it's on sale right now. It's been on sale for months and uh you know if it were me I would not risk waiting till it's on sale even more than it's on sale now. I would buy as much Bitcoin as I can which is what I've already done which is why I don't have any US currency left to buy more Bitcoin because all of the US dollars I have that could be converted to Bitcoin already is Bitcoin just the way I like it. And so uh anyway you got any questions let me know. Always here to serve as always. Thanks everyone.