Yesterday, $BTC swept the April 2025 low of $74.5k, dropping to $73k. Today, $BTC is continuing lower. We have confirmed lower lows on the daily chart. At this point, the bear market should be considered "confirmed" by any rational analyst. Anyone calling for new ATHs is doing so purely on hopium. Sure, I *hope* so too, but it's still not my base case and hasn't been for months. My guess, going forward is: BTC is going to wick down even lower (bigger scare, and trigger more long liquidations), perhaps to mid $60k's, BEFORE rebounding back up for a RELIEF RALLY (expecting to NOT reach new ATHs). What bulls want to see now is a weekly close back above $74.5k, turning this drop below into a wick on the weekly chart. Bear market is still confirmed, either way.