The only problem with thinking this is a crash and start of a crypto winter is that there was no great rise and blow-off top yet. Join T2BF Now.You don't get the crypto winter without a parabolic move upwards, and $10K - $60K was only the start. It literally went sideways for 3 months before having a little mini-crash, not exactly a blow-off top from any point of view. $GBTC, GRAYSCALE BITCOIN TRUST / H1 Looks far more likely to be one of two things: 2013 style double top or just the first stage in a long term many-year bull market supercycle. Join T2BF Now. If it is like 2013 double type bull run, then $60K+ was what $200+ in 2013, and we should expect a few months to recover and then a move significantly above $100K in the Fall/Winter.Bitcoin this morning I think, however, it is far more likely (and have been saying for a while now) that we've just completed the first stage of a super cycle. We got a little mini-bull run of 6x, not nearly enough to cause a crypto winter that waits until the next halving cycle to heat up again as this article suggests, then things gradually cooled off over the past 3 months and then we finally got capitulation to an intense round of FUD and panic to cause a crash that bottomed at 54% down from the peak. After looking like $45K-$50K was the bottom for a while the market all at once suddenly capitulated significantly further downward to $30K - eerily similar to the last time we got a big bottom in 2018 when $6000 looked to be the bottom for a long time and then all of a sudden capitulation happened and it bottomed in the $3000S for a while. We're looking at that same capitulation and bottoming now, except the last time was during a crypto winter and this time is just during the transition between two phases in a bull market. Basically, guessing short term movement is always a crapshoot but here goes, expect this bottom range (mid-$30,000s to low-$40,000s) to keep for a bit, maybe through June. During this time there will be continued FUD of the type that caused the crash, but at the same time accumulation from smart money will be occurring, in fact there are already signs from on-chain analysis that the accumulation phase began again immediately after the crash. This summer expect a build-up back to the peak of the first stage. In the Fall and Winter expect a renewed push upwards to $100K. Very possible around $100K early next year we could see this sort of thing happen again in which the second stage of the bull run ends and the market starts setting up the transition to the third stage. This general sort of pattern, with deviations here and there of course, could continue for many years. Today Bitcoin is too well known and established and constantly growing and spreading and the macro environment is and will continue to be too in favor of bitcoin to allow for the sort of thousands of percent rises and 80% crashes and years-long crypto winters that used to define Bitcoin's cycles. I expect $500k post-next halving (2025-2029) and $1 million post-next-next halving (2029-2033)notes from readerJoin T2BF Now.