Bloomberg analysts: Historical data shows that BTC and US stocks reach new highs after each pullback

Bloomberg senior ETF analyst Eric Balchunas posted on X platform that one fact that short sellers or pessimistic market views are reluctant to accept is that both the traditional stock market and Bitcoin have historically maintained a record of recovering from significant pullbacks and eventually reaching new all-time highs, which is almost a "100% perfect record." Perhaps this time is different, but for now, this is indeed an undeniable fact, which is why there is a tendency to avoid blindly following the trend during market downturns.