If it doesn't drop steadily for the next 2 years from here down to like 2500 or lower before the next upswing I will be plenty happy..
I've been saying BTC is going to $10k for years even before it broke 1k this time..
It didn't quite reach 10k but damn close enough for me to feel like I've been right all along..
I think I'm going to have to start saying some shit about BTC going to $50k now..
Not sure yet.. I need to pick a new number that is seemingly rediculous at first glance but yet somewhat plausible..
What did it go, about 20x this last run? About 350 to over 7k...
If it falls down to 2500 from here what is 20x 2500..
I'll be damned it's 50k..
Could very well be that this pump on the chart looks just like the last pump but 10x..
Pump to 1200 fall to 190..
Pump to 12000 fall to 1900?
Pump to 120000 fall to 19000?
Hell if I know but look at the repeating patterns on the BTC all chart..
It seems everyone always thinks that last pump was the last pump their will be until it happens again and everyone is flabbergasted that the pattern continues..
There is a well-known principle in the markets that past performances do not guarantee similar results in the future. Nothing is more uncertain than the performance of the markets in the long term, which is why it is 100% unlikely that these terrible scenarios will be repeated, especially when the current conditions in bitcoin development are so different compared to that time, and the market is very more mature and consolidated.
There will always be corrections, but never of such magnitude.