Bloomberg Analyst: Both Bitcoin and US Stocks Have Historically Rebounded to New Highs After Crashes

Jinse Finance reported that Eric Balchunas, Senior ETF Analyst at Bloomberg, stated on the X platform that a fact that bears or pessimistic market views are often reluctant to accept is that, whether in traditional stock markets or bitcoin, there is a historical record of recovering from major drawdowns and eventually reaching new all-time highs. This is almost a "100% perfect record." Perhaps this time may be different, but for now, this is indeed an indisputable fact, which is also why he tends to avoid blindly following the crowd during market downturns.