I don’t believe 69k will be the ath for this cycle. I do; however, believe that bearish market may go down to ~20k based on previous cycle as OP mentioned. Does this mean I’m bearish? Absolutely not! I’ll buy now and keep buying dips to maximize profits and increase capital to buy even more dips.
Your logic is extremely abstract. News flash, investors forecast and predict future market activity by correlating previous market behaviors and trends… I suggest you do some researching yourself.. And while you’re at it, please brush your teeth daily.
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