I don’t know what the market is going to do these next weeks and months. No one knows.
This is something this market cycle is showing. None of the major models to predict what was going to happen proved to be accurate. It is interesting that no matter how long one stares at the charts, it seems like there not much we can go on that will shed light on current market behavior. There was no blow-off top for BTC. There was no 90% freefall. There was no 100k BTC by 2021.
What we have is the weird sideways movement ~60% below ATH without a clear blow-off top and I don’t think anyone really expected that.
So I don’t really know what to say with this quick rant. Just don’t go randomly trusting predictions, try to select projects with reasonable use cases and hope for the best, I guess.