Lawrence Lepard discusses Bitcoin, highlighting the importance of a long-term investment strategy. He notes that dips are not unusual. He views bitcoin as a long-term store of value, rather than something to actively trade. Lawrence expects the price to reach a target price of $200,000 well before the end of 2026. Mentions the success of IPO bullish that instintutional invenstors increase the invest in bitcoin, due macroeconomic hoopes, but notes that one should have a downside risk of the market.