Good morning! Before reading this, you were probably staring at your screen with a frown. In the past 24 hours, Bitcoin’s price has dropped more than 3%, briefly dipping close to $82,000 before bouncing back to around $86,000. Over the past week, it has lost 11%, and in the past month, the drop has been over 16%. Painful? Maybe.
But according to ‘experts’ like Raoul Pal, PlanB and Robert Kyosaki, this is just part of the game.
Take a Deep Breath
Raoul Pal, a former Goldman Sachs executive and crypto investor who has followed Bitcoin for years, shared a chart from 2017 on LinkedIn with a clear message: “You all need to learn patience… This happened in 2017 too.”
Back then, Bitcoin went through five corrections of more than 28% before reaching new highs. Altcoins, which are smaller cryptocurrencies, had it even worse, with some dropping as much as 65%.
His advice? Go do something useful instead of staring at the price all day.
Bitcoin Isn’t Alone – Altcoins Are Dropping Too
Bitcoin isn’t the only one feeling the pressure. Many other cryptocurrencies have even seen even bigger losses. When Bitcoin’s price drops, it often pulls the rest of the market down with it. That’s because Bitcoin is still the largest and most widely held cryptocurrency, so its moves tend to affect everything else.
Corrections Are Part of the Game
If we look at past cycles, corrections like this are normal and even necessary for long-term growth. But nobody can predict exactly what will happen next. Prices might go up, down, or just move sideways for a while.
PlanB, the creator of the Bitcoin stock-to-flow model, pointed out that this isn’t the first time we’ve seen Bitcoin drop 20-30%.
If we see a V-shaped recovery after this dip (next week or so), then that confirms that we are still in a bull market. Bull markets are full of -20% -30% dips, followed by sharp V-shaped recoveries. pic.twitter.com/uKi8GydAha
— PlanB (@100trillionUSD) February 26, 2025
So maybe Pal’s advice makes sense—take a deep breath, put your phone away, and check back in a few weeks.
Who knows? The market might look completely different by then.
Or… maybe you’re the type who sees a drop as a buying opportunity. You wouldn’t be the only one.
Robert Kiyosaki, a well-known Bitcoin supporter, sees these dips as a chance to buy more. He said:
“BITCOIN CRASHING. Bitcoin is on SALE. I AM BUYING…… When Bitcoin crashes, I smile and buy more. Bitcoin is money with integrity.”
BITCOIN CRASHING
Bitcoin is on SALE
I AM BUYINGWHY: The problem is not BITCOIN
THE PROBLEM is our Monetary System and our criminal bankers.America’s bankrupt. Our debt including social programs, such as Medicare and Social Security, including our $36 trillion debt is…
— Robert Kiyosaki (@theRealKiyosaki) February 27, 2025
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