The crypto world has a way of repeating itself. Every cycle, without fail, a fresh wave of FUD (fear, uncertainty, and doubt) sweeps through, warning that Bitcoin is dead, crypto is finished, and everyone who believed in it was a fool. And yet, time after time, Bitcoin defies its critics, proving them wrong.

Take a look at a recent tweet from Binance’s CZ, echoing a post he made in 2020. He sarcastically mocks the mainstream FUD narrative:

“Waiting for the new headline: Bitcoin ‘CRASHES’ from $1,001,000 to $985,000. Save the tweet.” This wasn’t just a joke—it was a lesson in perspective. A lesson in zooming out.

The Same Headlines, Just Different Numbers

Bitcoin has died over 470 times, according to mainstream media obituaries. Every time the price dips, whether it’s from $60K to $30K or from $1,000 to $300, the same dramatic headlines appear: “Bitcoin Bubble Bursts,” “Crypto Is a Scam,” “Regulators Will Shut It Down.” The only thing that changes is the number.

Let’s rewind to 2017. Bitcoin had just touched $19,000, and the talking heads on TV declared it unsustainable. Then came 2018, and the price dropped to $3,000. “Told you so,” the critics said. But zoom out, and we see what happened next—Bitcoin surged past $60K in 2021, only to face another round of FUD when it retraced.

Fast forward to today, and we see the same cycle playing out. History doesn’t repeat itself, but it rhymes.

The Importance of Perspective: Zooming Out

Crypto skeptics love to focus on the dips, but the real story of Bitcoin is its long-term trajectory. If you look at Bitcoin’s yearly lows, you’ll see a pattern of steady growth:

  • 2013: $65
  • 2017: $1,000
  • 2021: $29,000
  • 2024: ??? (Hint: It’s a lot higher than 2013.)

This is why investors who zoom out—who see the bigger picture—don’t get shaken out during bear markets. They understand that volatility is part of the game, and they recognize Bitcoin’s fundamental growth. They don’t panic when the price dips; they accumulate.

Why the FUD Machine Keeps Running

So, why does the same fear cycle keep repeating? A few reasons:

  1. Media Sensationalism – Fear sells. Dramatic headlines drive clicks, and nothing is more dramatic than “Bitcoin crashes 50%!”
  2. Recency Bias – People tend to focus on short-term moves rather than long-term trends.
  3. Financial Establishment Pushback – Banks and governments have a vested interest in maintaining the status quo. Decentralized money is a threat to their control.
  4. Retail Investor Panic – The average person doesn’t study market cycles. They react emotionally, selling low and buying high.

What Smart Money Does During FUD

While retail investors panic-sell, institutions and whales accumulate. Take a look at past crashes:

  • 2018: Institutions like Grayscale and MicroStrategy quietly loaded up on Bitcoin at dirt-cheap prices.
  • 2020: While the world was distracted, hedge funds and corporations were buying Bitcoin en masse.
  • 2022-2023: Despite crypto winter, BlackRock and Fidelity launched Bitcoin ETFs.

The pattern is clear. Every bear market is just a discounted buying opportunity for those who understand the bigger picture.

The Next Cycle: Where We Go From Here

Bitcoin’s last halving happened in 2024. Historically, each halving has led to a massive bull run within the following 12-18 months. Then came the most pro-crypto US administration in history and Bitcoin surged. 

Couple those facts with increasing institutional adoption, inflationary pressures on fiat currencies, and growing global distrust in traditional banking, and you have the perfect storm for another Bitcoin surge.

Will Bitcoin hit $1 million this cycle? Next cycle? Maybe. Maybe not. But will it be significantly higher than today in 5-10 years? History suggests the answer is yes.

Ignore the Noise, Trust the Math

So, the next time someone tells you Bitcoin is crashing, take a deep breath and zoom out. Look at the historical trajectory. Look at the adoption curve. Look at the fundamental principles that make Bitcoin the soundest money humanity has ever seen.

The doomsayers will always be there. The FUD will always come back. But those who zoom out? They’ll be the ones who win in the end.

Stay steady, stack sats, and keep your eyes on the long game.

Because Bitcoin isn’t dying—it’s just getting started.

MichaelHeadshot
Michael Hearne

I’m a serial entrepreneur, and I’ve spent the last 15 years taking companies to new levels, breaking the boundaries of innovation, and triumphing over adversity. My wife, Victoria, and I started our first business in a 2-bed/1-bath apartment with 4 kids, next to a crackhouse. We pushed through setbacks and failures to lift our family out of poverty. Along the way, I’ve learned that my struggles make me stronger. And that being the best version of me is the greatest contribution I can give to the world. It makes me a better husband, and father. It improves my health, energy, and my capacity to serve others. And it has allowed me to build businesses that make the world a better place. Today, I work for passion, to make a difference, and solve real problems in the real world through my business ventures. This little site is where I share the things I’ve learned, and am still learning, on my journey.