This isn’t a “20% correction.” This is a 40%+ bear market.

BTC is at $41-42k. ATH was at $69k. That’s a 40% drop from ATH, and that drop has just been growing and growing for more than two months now.

That’s a bear market. Yeah, it’s not a crypto winter, but multiple months of falling prices qualifies as a bear market, even if it’s short. Just like last summer was a bear market. It might get worse, or it might not.

Call it what it is. It’s not something to be afraid of; bear markets are where foundations are built. The people who are saying “Oh, this is just a dip” or “This is just a typical correction” are in denial and don’t know what the fuck they’re talking about.