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RE: Does History Repeat Itself??
An interesting visual to review is that these previous declines hurt at the time they occurred but do you even see them on the long term charts anymore? Not really! They are only blips in the longer term trend of Bitcoin. So, if this will become the next blip on the chart, imagine where prices can go in the long term.
When you look at a chart and see the older declines compared to the current one, it just looks like a flat line. To really be able to see those declines you have to zone in to only those periods of time. But like you said imagine where prices could go in the long term!!