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Want to Be a Millionaire? Buy Battle Tested Bitcoin Before It's Back to $100,000

Bitcoin has fallen roughly 40% from its October all-time high (~$126,000) to trade around $75–76k as of Apr 21, 2026. The article attributes the pullback to the fading of 2024–25 tailwinds (SEC spot-Bitcoin ETF approvals, the halving, and Fed rate cuts), a Fed pause amid inflation and geopolitics, and leveraged liquidations. Despite near-term pain, the author argues Bitcoin’s fixed 21 million supply, growing institutional adoption, and role as a fiat hedge support a longer-term bullish case — with bullish views from proponents like Michael Saylor cited. Market impacts flagged include shifts from risk assets back to conservative investments during Fed uncertainty, liquidation-driven volatility, and the potential for renewed inflows if Bitcoin reasserts its narrative as “digital gold.”

Category

Bitcoin

Sentiment

Bullish

Event

Market commentary

Reading time

1 min