Markets are in turmoil, with crypto, stocks, and even social media platforms like X facing declines. But for crypto influencer Wendy O, this is just part of the cycle.
“I’m not concerned in any way, shape, or form,” Wendy O said on Deribit’s Crypto Options Unplugged podcast. She pointed to past Bitcoin corrections, such as the 50% drop from $65,000 to $30,000 in 2021, followed by a strong rally.
Despite short-term uncertainty, she remains optimistic, noting the U.S. now has a pro-crypto president and a more open SEC. “The fact that they’re saying, ‘Hey, we want you to talk to us, and we’re not going to sue you’—that’s pretty freaking cool,” she said.
Bitcoin recently hit a record $109,000 before pulling back. Wendy expects further corrections but sees them as normal, predicting a possible drop to $70,000-$75,000. “The monthly chart looks like trash,” she admitted, but she’s focused on long-term trades.
David Brickell, Head of International Distribution at FRNT, echoed this sentiment, emphasizing Bitcoin’s four-year cycle. “This doesn’t feel unusual at this time,” he said, noting that historical patterns remain intact despite the Trump administration’s unique approach.
Wendy O also highlighted economic struggles, saying many expected immediate policy changes under Trump but underestimated broader issues. “Americans are in a recession,” she said, arguing that rising costs for food, shelter, and energy are left out of official inflation reports.
She believes Trump will focus on fixing the economy before tackling crypto policy, with stability possibly returning after Q2 2025.
Despite the turmoil, Wendy O remains bullish on the long-term outlook: “We’re in a good position to see markets do incredibly well. People just have to be patient.”