Prediction evidence

"In 2020, we had a 70% decline from the high, but nobody ever calls that a bear market" Mike Alfred compares Strait of Hormuz with Covid and says we'll be back to ATHs by 2027 "Basically the Strait of Hormuz is the virus this time; it caused a compression in Bitcoin where otherwise there wouldn't have been much going on." Just like in 2020, we had a 70% decline from the high, but nobody ever calls that a bear market. They're like, 'oh, that was just COVID, we're just going to hand-wave that away, it didn't happen.' It's totally disingenuous." "Mid-cycle, just before Bitcoin ripped from the 45,000 area where it bottomed, by 2021 it was in the sixties. People forget that that happened very quickly." "My suspicion is that by 2027 we should be back at all-time highs again."