The analysis begins with Bitcoin at $109,417, noting it is down 12% from its peak. The analyst discusses the importance of remaining in the market to capture the best-performing days, stating that missing just the top 10 days each year since 2017 would result in a loss of 23%, compared to a gain of 847% if those days were included. Hedging or trading around Bitcoin is not recommended. The content creator emphasizes the necessity of having a strong conviction in Bitcoin, even amidst negative sentiment. The analyst references the bitcoin's all-time high and emphasizes that the upward trend will continue to reach 137177 The lower bound is $102417. The analysis suggests that there are too many investors on bitcoin that is why there is a small dip in price of 12%.