Price going UP or DOWN from $77,500?

Is the price of Bitcoin going up or down from 77500 which is what it is as I start recording this. So at 77,500 we are up significantly from the cycle low meaning you know Bitcoin the price tends to go up and down on a multi-year sort of waves always eventually going higher and higher and higher but uh the most recent dip of this cycle was at 60,000 6 which happened on February 5th. So, it's now been, you know, March 5th, you know, April 5th. It's been, let's call it two and a half months. Not quite. I guess it's actually about two and a half. So, it's now been two and a half months since that. Uh, which is a nice long time. I mean, that's, you know, that's a good, you know, 75 days, uh, since the the low. And we've gotten as high as, you know, 78 79,000. I don't think we've cracked 80,000, uh, you know, in the last few days, but we we're just underneath it. So, the question is, do we go up or down from here? Well, of course, nobody knows. Now, uh, a lot of people think, you know, on Washington or I should say on Wall Street that Wall Street is rigged and a lot of things on Wall Street are rigged. Um, for example, access to capital when the Federal Reserve prints money and the Federal Government spends it and it gets handed to big banks and financial institutions. Yeah, that's totally rigged. They get the money first. The new money because it was printed out of out of thin air causes a huge amount of inflation. that inflation affects you, but it doesn't affect them because they spend that money before the inflation happens. So, they buy the stuff at the old prices. By the time the money trickles down to you, you are stuck buying the stuff at the new higher prices. So, yeah, there's a bunch of ways that things on Wall Street are rigged. But one of the ways that they are not rigged is people on Wall Street don't know any better than you and I uh what the stock market or Bitcoin is going to do tomorrow. What I can tell you is Bitcoin has just an unbelievable amount of tailwinds right now. The Clarity Act, which I think still has a very good chance of passing in Washington DC, uh that should happen in the coming weeks. I mean, there's just a huge amount of stuff with uh with Charles Schwab doing allowing direct purchase of Bitcoin on their platform. They have 46 million clients. Uh you've got the um Morgan Stanley exchange traded fund coming online. They have, you know, tens of thousands of agents that now have the ability to sell Bitcoin directly with a Morgan Stanley product to the Morgan Stanley customer base. I mean, there's just a ridiculously large amount of positive things happening. So, um, I'm still waiting for a refund check on an amended tax return back from 2021 that is literally supposed to show up any day now. And of course, if it does, I'm going to buy Bitcoin with it immediately because I'm not willing to risk waiting for another dip. Could there be another dip now before Bitcoin consistently goes up from here? There could be, but the statistical probability of another dip is lower than what the statistical probability would have to be in order for me to make sense for it to make sense for me to wait. So, whatever those pro probabilities are, again, I'll make, you know, hypothetically, let's say you flip a coin and there's a 50% chance that something h happens. But if it requires a 60% chance for you to win in order for it to make sense, then obviously you're not going to flip a coin for a 50% chance if the winning probability needs to be at least 60% chance. Well, that's the way it is right now. Whatever the probability of Bitcoin is that it dips again before marching to new all-time highs, that probability is too low as compared to what it would have to be in order to, you know, in order to not buy Bitcoin right now. So what am I going to do? I'm going to buy Bitcoin the moment I get additional capital just like I always do. Um and same nobody knows if Bitcoin goes immediately up or down from here. All we can do is uh you know is look at the historical patterns and look at every other asset and generally always it makes sense to buy highquality assets regardless of the current exact price and sit on those assets as long as possible which is exactly what I recommend with Bitcoin. buy as much as you can and hold on to it for as long as conceivably possible. That's the only formula that always forever has always worked for 17 years of Bitcoin's life right now. Um, so my advice is the same as always. Buy as much Bitcoin as you can. Hold on to it for as long as conceivably possible. My advice never changes. It's never been wrong in the long term. And uh, Bitcoin's in a great spot, a great great great spot. A lot of people betting against it. the best time to buy Bitcoin and the end of a bare market, which is a downturn, is when everybody's betting against it. They've all given up hope. They're all shorting it, which is what people are doing now, betting that there it could only go down. And guess what? It just liquidates and wipes all those people out when it goes up, which feels like is what's happening right now. So, could it dip again? Maybe. But so what? You just wait it out. It lasts a few weeks or couple months. Um, if I had US dollar cash that was not already in Bitcoin, it would be in Bitcoin right now because I would not be waiting. That's why I have 100% of my liquid assets in Bitcoin. And seems like a great thing to be in right now and a great thing to do right now. And I don't foresee that changing anytime soon. Have a great evening.