Patience is the hardest part of the bear. If you study previous bear markets then one thing is consistent: time. It takes time to work through a Bitcoin bear. We've been trending down for 5 months. Major BTC downtrends of have historically lasted an average of 9 months, with the longest around 12–13 months. We end up grinding higher the majority of the time and then just get whacked down to an eventual lower low in days. The progress is slow and the damage is fast. I think our best case scenario would be a double bottom around the most recent low of $60k, and more time with excruciating sideways action. A ~52% drawdown from ATH would be the shallowest bear ever, but consistent with cycle compression. Base case scenario is a lower low, possibly around $55k months from now. 200WMA will be close to there and act as strong support with many buyers interested. Worst case scenario would be $40-45k in my mind, which would materialize if macro really turns. Even at -65% from ATH, this would still be an improved drawdown vs 2022's -77%. I don't believe we will close a monthly candle below $60k. You don't need to worry about pico bottom at all. Just set limits, chill and manifest your future upside in the years to come.