We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.
I'm not sure what "retrace" you're referring to, but given how optimistic the market is right now, the first bitcoin ETF will do a lot of good. I'm sure the market will come up with plans to extend the optimism to that. Any crazy bull run is exciting, wait until you have ATH at 73k6 before there are days of slight drops.
Q4 is very promising for a crazy price increase, Taproot launch in November... the most important time for the market to enter a new journey will be.
Maybe what he meant is that we are all looking at December to reach a new all time high probably in the range of 6 digits. But what's going to happen after that? are we going to go bearish and have see retracement along the way?
So right now though, we are in bullish phase so from Nov-Dec there's a lot of things that can happen. We have the Taproot in November that will have a big impact and then the usual December end of the year rally. But what comes next? we really don't know.
We don't know what will be the outcome after that but what mostly happen is the dump will follow since for sure many will get enough profit and cash out after the 6 digit mark hit since this is the target of many people before they take their profits. But hopefully bitcoin price will sustain and we can see more bigger picture of it even if the price crash after huge ATH price out reach out.