$BTC — Bitcoin Is Down 40%… And This Still Isn’t a Real Bear Market 🚨

Bitcoin is trading roughly 40% below its 2025 peak, and fear is starting to creep back in. But if you zoom out, history tells a very different story.

This pullback barely compares to what BTC has gone through in actual bear markets.

Look at previous cycle drawdowns:

2018: –84% collapse

2020: –72% flush

2022: –78% wipeout

Compared to those brutal resets, today’s move looks more like a controlled correction, not capitulation.

There’s been:

No mass surrender

No true fear reset

No panic-driven bottom

Just a market cooling off after excess.

If history rhymes, the real question isn’t “Why is Bitcoin down 40%?”

It’s what happens next — if this isn’t the bottom… or if it is.

Are you panicking — or positioning

BTC

78,479.97

+1.30%