Bitcoin reached an all-time high above $126,000 in mid-2025, then stabilized in the high-$80,000s in early 2026. The current status of Bitcoin is not euphoric but not broken either, with prices consolidating after a sharp run-up and long-term valuation models still below historical cycle extremes. Investors are advised to focus on discipline, patience, and position sizing rather than trying to time the market perfectly. Even during strong bull markets, Bitcoin experiences routine 20-40% pullbacks every 3-6 months. The article stresses the importance of not trying to pick the perfect entry point as history shows that corrections are part of the Bitcoin's market cycle. Bitcoin's past price drops, including a 53% decline in 2021, are reminders of its volatility. Markets provide better opportunities when enthusiasm has cooled, but conviction remains. The article suggests caution rather than immediate action.