As the crypto market reels from a sharp sell-off, veteran trader Bob Loukas is urging investors to keep their nerve. In his view, the storm of selling sweeping through the market isn't the end of anything, it is simply a natural final cleanup playing out within the four-year cyclical model. The heaviest damage, he notes, has landed on traders who opened positions using leverage.
'Bitcoin Isn't Dead'
Loukas believes the flood of fear and negativity around Bitcoin and crypto filling timelines right now is completely normal for this stage of a bear market. He insists neither Bitcoin nor crypto is finished. In his own words:
All the Bitcoin and Crypto FUD flooding the timeline is perfectly normal at this stage of a bear market. Bitcoin isn't dead. Crypto isn't dead either. What's far more likely dead is the future version of crypto you've been sold on social media.
The Toll on Strategy
The downturn has had a direct impact on corporate balance sheets too. The decline has made it harder for Strategy to raise fresh capital on the same terms it once enjoyed. That is why CryptoQuant analysts have recommended that Strategy temporarily pause new Bitcoin purchases, so it can restore the balance of its cash reserves.
Don't Bet on a Quick Bounce
Loukas also cautions that pinning hopes on a fast price recovery would be premature. According to him, fully completing this bearish phase will require another three to five months of sideways trading. The start of a new cycle, he expects, is likely closer to the autumn of 2026.
