It's interesting how the majority is suddenly convinced we're in a Bitcoin bear market, just because the price is down 25% from its all-time high. Anyone with experience in this space knows that 20-30% pullbacks are a normal part of a bull market. Don't get me wrong, this could be the start of a bear market—nobody knows for sure.
What I find amusing, though, is that the same people who were shouting "this is just the beginning!" when Bitcoin hit 100k, only to see it trade sideways for a year, are now the ones declaring a bear market. The majority has been wrong before, why should I believe they're right this time? If there's one thing I've learned from Bitcoin, it's that the outcome is almost always the opposite of what the crowd expects.