All dumps are long, and since we have reached 60k of course it will be big as well. You have to understand that people can't scare other people by saying that the price will be going down a lot because we have increased a lot so the decrease must be a lot as well, that makes sense. In the end if we have profited so much, a bit of drop won't hurt anyone.

However I do not agree that we can drop to insane levels again, those 3k periods are done, even 10k is done if you ask me, we are doing much better. Think of all those companies that invested tens of billions of dollars combined, do you really believe that those companies that have more tens of billions of dollars would end up just letting bitcoin go down? Of course they will end up buying more and more the longer it goes down, and eventually price will stop going down because they are still buying.