That thinking only applies if you don't take a look at the waves.
If 6400 turns out to be wave 2 of 1 of 3, we will see higher gains than ever before or at least the same sized percentage gains.
Just look at Tesla. The next bigger correction in Tesla could be the same wave that the 6400 low in BTC is...
If correct, Tesla could be worth 2k in 10 years. Sounds surreal right?
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Anything is possible. :)