The world of BTC is different now, ETF's carry BTC as part of the funds and it's a commodity now. The cycles will be all different from now on and much less predictable. It's possible we're in the bear pushing down, or with it's status as a commodity it's possible a few big buys from funds might push it up on large volume. I'm not sure what to think anymore...

Hope for the best, but expect the worst. Welcome to life...