Michael Terpin

Bitcoin bear market drawdown decrease every cycle.

First bear market 94 percent, 87 percent, 84, 77.

And right now, are we expecting some somewhere between 65 to 70 percent drawdown?

So when you say a year, a year until we hit the bottom or a year?

So we shouldn't be rushing to buy now?

Is that what you're saying?

Would you announce that on Twitter?

Well, if you look back, would 1010 be the first bad news?

We talked about the drawdown might be 65% to 70%, and I did my math.

It would be 44K to 38K.

If institutions already know there's this cycle, why can't they prep for it?

But my question is, if everyone is saying it's over and institutions don't really care about this cycle, they are the big money.

They shouldn't really control the supply and demand.

So when institutions buy, except for, of course, Saylor, but other people are buying derivatives.

They're not actually buying the Bitcoin.

Is that what you're saying?

There's another tweet.

History rewards patience, not panic.

And last time we talked, it was May 2025.

I asked you if it was always a good time to buy Bitcoin.