Bitcoin is crashing! Will it drop further? Where will it rebound? Hurry and check it out with the Bull & Bear Master. The crypto market has now entered the early stages of a bear market. The short-term drop is mainly due to the Fed's rate cut, where the positive effects have already been priced in. The way it surged before the rate cut is now the way it's dropping after the cut. Bitcoin has already fallen over 10,000 points in a week—will it drop even more? As shown in the chart, Bitcoin's previous low around 103k-104k does have some support. While it might not signal a full reversal, the chances of a rebound are still pretty high. For those who like short-term trades, you could consider going for a short-term long position and try to catch the rebound. That said, the overall trend in the crypto market is still downward. Just like how the bull market took 3 years to fully play out, the bear market will likely last a year before hitting rock bottom. The 4-year cycle in crypto is still holding strong. Not only did we cash out at the previous peak, but we've also made over 300k on short positions now. Just follow my trades—our private group opens positions daily!