do not hesitate if you had a capital to engage in bitcoin, as long as you can have it go for it because bitcoin has a long way to go, the ATH is 20k dollar meaning as long as the ATH has not reach yet the potential is very high to hit it again, the only thing you need to do is to have a patience waiting for that moment to come again.
Why are you pegging the new ATH to $20k, don’t you believe that the next ATH could go above $20k, bitcoin doesn’t follow history that much, every new day we wake up into BTC has a different factor contributing to its growth, the factor that saw the price of bitcoin to $20k in the last Bull run may definitely not be the same factor that will repeat itself this time.
If you peg the new ATH to $20k now, how do you expect those who are yet to recover from the last bull mistake make profit, it means once we reach ATH of $20k again, they can only take their capital and won’t be able to get profit for the long wait, that is not so fair to them, we need more than the $20k in this next bull.