that is the story of years and years of bitcoin price. it always rises in the end.
the funny thing is, in the past 3 years the patterns that bitcoin follows are EXACTLY the same! [1]
- price rises big time
- then a correction starts, it is a simple 10% drop
- then the FUD starts and the weak hands panic. during this time some idiot like freightjoe posts that picture he posted above and say we are on top of that chart and it will go down to $X where x is mostly 80-90% drop

- then the biggest dip most of the times is 30% and rarely it goes as big as 40%
- after the dip is over and whales and the rest of the experienced traders were satisfied with the result, the price starts rising.
- FUDsters go into their winter sleep and throwaways stop being created until the rally ends with a big time rise
- repeat of the process again.
[1] Déjà vu
https://bt.irlbtc.com/view/1935374.0;all