I wouldn't be surprised if Bitcoin dropped to $20,000 this time

If $40000 falls, I won't be shocked to see $20000 of Bitcoin this time next year.
In fact, the market has been highly speculative, even the so-called Wall Street institutions have entered, can not prove that the market is very mature. Because there is no regulation, a so-called decentralized market, is controlled by some central institutions. An inappropriate example, like a group of 21st-century, heavily armed thugs, traversed a primitive tribe that was still slash-and-burn. At this time, the original order was broken, the original rights were subverted.
Is the current direction of the development of digital money the original intention of Nakamoto? Is there a community spirit that would have challenged totalitarianism? When Bitcoin becomes a tradable commodity, its intrinsic value may have become a tool for some people to profit.
Since it is highly speculative, then the boom must have plummeted. So I think if the $60,000 head is confirmed, there should be a one-year adjustment cycle, and the decline is not an exaggeration in history.
Advice: traders should know what their purpose is.
If you are a believer, you should reflect on whether your faith can withstand the test of time. If you confirm that this is the right decision, please do not look at the market with a gambling mentality, you should stay away from secondary market transactions.
If you are a speculator, don't think about any short, you have to make a difference, your biggest risk is that the money is locked up. In a market without fundamentals, charts and indicators are the tools you can rely on, and the right side is your good friend.