It was also one of my early predictions where I said bitcoin will follow the trend of long bearish moment like as previous from 2014 to 2017. There was no big hype but after that it changed significantly. Now again it will follow the trend.
It will gonna follow the trend so we're about to face a long bearish market again? At least, we have spent a year for this bear market and what's the good side of this when bull triggers, 2017's all time high can be surpassed by that upcoming bull.
I'm not convinced that this is a major factor. Crypto is young and it changes so much and so quickly. I would hope that the markets in 4 years' time bear little relation to today. Market maturity and depth should be much higher, and some regulation could well be in place.
Good point, we can't really be confident with such approach because of the changes that's applicable to crypto.