I think, if 69k was the top then it shows that crypto is over in my opinion. The same people who say that was the top also say that bitcoin will be over 5 million or some crazy crap. Let's do some math for example if we went 20x the last peak in 2017 and we went 3x the next peak in 2021. That means we beat the peak by 50% next cycle and hit 90k in 2024 or 2025. If you follow the trend.
And it would be a matter of time before we see a lower peak.
And when the bear market has hit in the past it comes like a slap in the face. Not a slow drop through months like we are having now.
I think we have a ways to go up this cycle
The whole crypto market is so dang over inflated though.