Price for Bitcoin has been on a downtrend, which can mean we have entered a longer bearish period Onchain data suggests BTC still has room to grow, once we see a trend reversal Retail interest has dropped, but despite this most experts remain confident the bull market structure is still intact Price Action This past couple of weeks, the overall crypto market took a big hit, as $BTC dropped close to 21%, having gone as low as 41k$ and bouncing back to 49.5k$ almost immediately, before starting a grueling chopping dance that currently puts it at 46k$.