Historically, Bitcoin doesn't come out of a bear market with a V shape recovery, (unless there are trillions in QE).
It has always formed a base, and traded sideways for several months, before the trend back up begins.
Be patient, build your strategy, and stick to it.
Also...notice how past bear markets -50% markers are just the start. We've been lucky so far.

312 days ago I posted the chart below. I estimated that the Bitcoin top could be 76 weeks after the halving (pending we stick to the 4-year cycle). This has remained my pinned tweet.
Bitcoins current ATH hit exactly 76 weeks after the Bitcoin halving. Perfectly in line with my  x.com/brett_eth/stat…

₿rett

Twitter

Bitcoin's price briefly touched $60,000 last week. Under a diminishing returns model, this is no mere noise. The market is touching the weakest link in the entire four-year cycle and logarithmic growth framework.

With the gains at the top of the Bitcoin cycle already significantly compressed, a further historically deep correction would completely negate the allure of its classic cycles.

This is not a prediction; it's a mathematical law.

Cycle Top Gains are Compressing

Historical Bitcoin Cycle Tops:

· 2013: ~$1,242

· 2017: ~$19,700

· 2021: ~...

$55,000 will be the lifeline for Bitcoin.

The U.S. Department of Justice (DOJ) has announced a 20-year prison sentence for Daren Li, 42, for his involvement in a global cryptocurrency investment scam. Notably, the sentence was...

The ringleader of a cryptocurrency scam worth approximately $74 million has been sentenced to 20 years in prison.

Bitcoin rose as much as 3.3% to $71,000 last night, following the performance of US stocks, but faced heavy selling pressure after the close, currently trading at $70,289. Ethereum briefly broke through […].
The article, titled "Bitcoin and US Stocks Surge to $71,000, Ethereum Fluctuates and Falls Back to $2,150, Bitmine BlockTempo the Opportunity to Buy the dips 80 Million ETH," was originally published on BlockTempo, the most influential ABMedia media.

Bitcoin surged to $71,000, mirroring the rise in US stocks, while Ethereum fluctuated and then fell back to $2,150. Bitmine buy the dips the opportunity to buy 80 million worth of ETH.

Historically Bitcoin also doesnt have a double top as support (instead of a blow off top)