I still think BTC goes higher first - maybe even back to <$90k - before we see the real move down to <$45k. Sentiment is already too bearish here. Everyone expects lower, and even worse - everyone is ready to buy lower. That’s not how real bottoms work. At a real bottom, people either have no money left or no desire to buy. So I think sentiment needs to be reset first. Most likely with a squeeze higher that brings hope back, gets people bullish again, and then a real dump that takes both the hope and the last remaining liquidity with it. After that, only 2 types of people will be left, just like last cycle: - those who would still buy, but have no money left - those who no longer believe in crypto at all (they are the ones who will buy my bags at 200k)