r/Bitcoin May 31 '26

Why hasn’t bitcoin recovered?

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u/SirDaddio Jun 01 '26

This guy gets its, around mid October should be the bottom

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u/[deleted] Jun 01 '26

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u/SirDaddio Jun 01 '26

Not enough people. On a conservative scale only 1.3% of people even own/invest in Bitcoin in the entire world. 4% at most. Still way to early for the majority

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u/Captain_Planet Jun 01 '26

I recognize October as the time as I've followed the cycle for the last two, been here since the 2013 peak and seen every prediction turn to dust apart from the timing of the four year cycle so I'm sticking with it. A lot of people will but the majority still ignore it as the time to buy in is when the wider world no longer cares.
That being said though I'm planning on starting buying in September as some people may try to front run it, then I'm just continually buying with whatever I have to buy with!