Quote from: durilup on Today at 10:00:08 AM

Even though bitcoin had a huge dump from $20k to $4-5k after 3 years we are almost back at the same price

This happens again and again. 2017 to now is just the latest cycle. Look at the historic price charts, but use a log rather than linear scale. Because we've had order-of-magnitude price changes over the years, previous cycles are not visible on a linear scale, they're smeared to a flat line. But on a log scale they become startlingly apparent. Each high is higher than the last, each low is higher than the last. Bitcoin is often described as volatile, but the more you zoom out to a longer-term view, the clearer the pattern becomes. Log scale is crucial for understanding historic behaviour.