Many expectations of bitcoin this year failed, but I notice that bitcoin always brekout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase.
In 2017 - 2018 bull run, Bitcoin has x20 rise. In 2020 - 2021 bull run, it has like x3 rise. From $1000 to $69,000 within 2017 to 2021 is very big growth. It can not have a
stable x20 growth for every four year bull run. When the price is higher and higher, I expect that its bull run in future will have become smaller and smaller.
Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits
From $1,000 to $69,000, it is x69 for your capital if you hold. Do you expect it will break a 2020 - 2021 all time high in a bear market? Be realistic please.
if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.
What does it mean?
You sentence sounds like you will be disappointed if it falls more, fails to break resistances.
Bitcoin: Bull and Bear market durations and price performance 365 days after halving.

