Can't we just stay above 50k for fuck sake. I mean I don't think we will be breaking out to new ATH for a couple months but this 40s thing just seems downright depressing.
My 1 year ago self would be laughing at that comment mind you but here I am still complaining, lol.
IMO, staying at 50K$+ and wait couple of months for new ATH again, looks not so probable. If we stay above, probably we will revisit quickly the current ATH. Only +30% to go from 50K.
Maybe we can see as well a V bottom with a strong green candle bounce at 45K ? 43K ? 40K ? lower ? I think, more we will deep now, more the UP reversal will be explosive.