Bloomberg Analyst: Historical data shows that BTC and US stocks hit new highs after every pullback

Odaily Planet Daily reports that Bloomberg senior ETF analyst Eric Balchunas posted on X platform stating that a fact that short sellers or pessimistic market views are reluctant to accept is that, historically, both traditional stock markets and Bitcoin have recovered from major drawdowns and eventually reached new all-time highs. This is almost a “100% perfect record.” Perhaps this time is different, but for now, it remains an undeniable fact. This is also why it is advisable to avoid blindly following the trend during market downturns.