I know you don’t want to hear this. But I’ll say it anyway.
BTC at $65,624. Down 30% in a month. Down 44% in six months. 
The 4-year cycle is over. Not paused. Not delayed. Done.
We can keep coping with "maybe next month" or "institutions will save us." Or we can look at the chart and admit what's right in front of us:
This is a bear market.
The old playbook—halving, pump, euphoria, repeat—doesn't fit anymore. We're not following the script. We're writing a new, uglier chapter.
Where are we going?
Honestly? $30K–$40K range before this finds a real floor.
That sounds insane after $69K was "support." But $69K didn't hold. $65K isn't holding. The next historical demand zone is $50K, and after that? $38K. $32K.
We need to stop pretending every bounce is the start of a new bull run. It's not. It's dead cat bounces in a downtrend.
The good news (yes, there is some):
This won't last forever. Every bear market ends. The lower we go, the closer we get to the real bottom. Eventually, accumulation starts. Whales buy. Sentiment shifts.
But that's months away, maybe longer.
Your job right now:
· Stop trying to catch falling knives. That bounce to $68K? Trap. Next bounce? Also a trap.
· Preserve capital. The person who survives the bear with dry powder wins the next bull.
· If you're holding long-term: Hide your portfolio. Don't check it. Go outside. Stake in Binance Earn and collect yield while you wait. Don't sell at the bottom.
· If you're trading: Short rallies, don't buy dips. This is a trend-followers market now.
I'm not saying this to scare you. I'm saying this because I wish someone told me in 2022 before I averaged down all the way to $16K thinking "it can't go lower."
It can. It will. Until it doesn't.
Are you still buying dips or have you accepted we're in full bear mode?
Be honest. We're all adults here. 👇