Why Bitcoin Bear Markets Aren’t Going Away

[madtrader]

The idea that Bitcoin has outgrown bear markets is being challenged as the asset matures. While halving cycles appear to be losing influence over time, Timmer argues that price drawdowns remain a natural feature of Bitcoin’s market structure rather than a relic of its early years.

That view is shared by David Eng, who says Bitcoin should not be mistaken for a pure S-curve asset like the internet. Instead, he describes it as a scarce, fixed-supply asset embedded in the global financial system — one that will continue to experience cyclical corrections, albeit with longer cycles and lower volatility.

[chainsniff]

if btc actually revisits that zone, sentiment is gonna get ugly fast