This, and the other chart with 3 waves going down, down, down.

The market rhymes, until it doesn't.

Would you rather bet that Bitcoin experiences at least one more wave up (like the 2 pictured above), so that you make 10x with little risk of losing all?

Or that it goes down at least one more time, so that you have to use 5x leverage to double your money with real risk of losing all?

IMO it is more probable and more profitable to bet on the first option only, and leave the second one aside. As you might remember, I played the downswings a lot but stopped in February 25, not willing to be crushed by the train.