Quote from: bitzizzix on Today at 08:39:20 PM

Quote from: Dr.Bitcoin_Strange on Today at 06:17:47 PM

~Snip

Given the continued growth in adoption over time, I also don't think Bitcoin will go down too much during the bear season after Bitcoin actually hit an all-time high.

The adoption of bitcoin as a means of payment cannot completely withstand high selling pressure in bearish times. Users only use bitcoin as currency to pay, while adopters will of course convert bitcoin to fiat or stablecoin in order to secure profits and balance their financial balance. Even if these bitcoin adopters don't sell bitcoin and just hold them, then imagine whether the massive selling that might be carried out by investors and miners will not affect the price?

Quote from: bitzizzix on Today at 08:39:20 PM

Should we always relate past events to current events and over time, because I think there will definitely be differences even though they are not significant that we will never know and as long as adoption continues, I think anything can change because the price of Bitcoin is really unpredictable.
And no matter what happens, owning it and continuing to try to accumulate Bitcoin for the long term is the right choice considering anything can happen and it is also not easy to predict because some factors that we do not know before can even happen unexpectedly.

If you refer to past history in predicting possible price highs for the future, then you also need to refer to past history to determine how deep the price decline is likely to be. It is true that not all of these have to be repeated, but at least these things can be a reference for predicting prices in the future.