Bob Loukas says Bitcoin is “not dead” as BTC slides to $59,307 and he calls a bear-market phase

As Bitcoin fell to $59,307, veteran trader Bob Loukas urged investors to stay calm and argued that Bitcoin is “not dead.” He said what is fading is the social-media narrative of quick profits. Loukas framed the sell-off as part of a bear-market process rather than an end to the asset.