In my book, his scenario has already been proven wrong. If the 35% drop we just saw isn't a correction, then what is? If you look back at 2016 and 2017, this fits squarely with many past corrections.

I'm really glad he was wrong. If we went straight to $30K without the wave slowing down and sub-dividing like it is now, we'd probably have a mega-crash shortly after and abruptly end the bull market. If we keep correcting like this along the way, we can set our sights much higher. Six figures at least.