Since 2021 when the price reached an ATH of around $69k, the market now looks difficult to rise, especially since there have been big cases like LUNA and FTX which have made many people afraid to invest in cryptocurrencies, and in my opinion if there are no top influencers like Elon Musk in 2021 then it will be difficult to see the market rising again, and our hope is that perhaps a halving day will occur at the beginning of the year, and if it cannot rise it will be even more difficult in the future.
I see that you are not writing the essence of a market here, but rather about market conditions that have occurred before, because you yourself still remember the cases experienced by Luna and FTX, which have begun to be forgotten by a small number of people. I don't think the big increase that occurred in 2021 was due to Elon Musk because I think that that year was the time for Bitcoin and other cryptocurrencies to increase a lot in the market.
This was due to the interest of many people in buying and not selling in a short time so that market conditions often looked green that year even though Elon Musk himself also did extraordinary things that year so that he became the center of attention of many people at that time. Meanwhile, for now and next year, I think conditions will be more different from last year and also from 2021, so there are still difficulties in providing more precise predictions.