BTC fell below $70,000.

The market continues to correct against everything that can be imagined. There are dozens of reasons, without exaggeration. There are no rising assets among the top 100, everything is falling. The fear and greed index shows extreme fear.

Almost everyone is sure that the bear cycle has begun and this is the moment when the crowd is most likely not mistaken. Across all altcoins, there is potential for a decline of at least 50%.

Overall, the 4-year cycle continues and based on it - we are facing another 12 to 16 months of decline.