People have different thoughts and different strategy when it comes to the trading and looking into the market. But for me, there is no way we could go below the previous ATH because in the hsitory of Bitcoin we have never done that if we consider the current ATH as peak.
But if you like me who thinks, bull run is not over then this is only the accumulation period before the massive spike.
The reason for my statements are: rainbow chart, stock to flow model, Q3 reports are coming from big companies and we have seen their interest into the crypto: i.e. Facebook, Apple, Amazon, countries are coming for Bitcoin and the Tesla will approve the Bitcoin payments sooner because the energy issue is going to be solved pretty sooner and Elon Musk is also part of it.