FORCE BEAR MARKETBitcoin / TetherUSBINANCE:BTCUSDTEirxcoThis is written from my POV as trader #DYOR and never used it as your personal financial advice Why? First of all, I really hope that I'm wrong. But let's look at the data and break it down simply. BTC has gained 580.62% since 6 March 2023. 945 days of Bull Market. This marked as the longest BTC bull market since covid 2019 with 210 days 515.30% gain. After that, we recorded a small correction in 2021 with a 70 days 55.88% drop from ATH. In the same year, we face another bull with 119 days 117.54% and dropped 78% until 30 January 2023. Marked as the longest bear market ever recorded in BTC history. Make it simple! Okay, it looks like I'm just stating what the chart has given me. Now lemme slow it down. Based on the data, we can only have 2 phases. If we see it correctly, the first big bull started in 14 September 2020 - 420 days 568.56% When bear started in 15 November 2021 - 441 days -75.23% Second big bull 6 March 2023 - 945 days 580.62% Current bear 6 October 2025 - 308 days -52.85% Bull-Bear-Bull-Bear The Difference The scale obviously, first phase jumping from 9K to 64K. While the second one is from 16K to 124K. Time, the first phase record 50:50 for bull and bear. If we want to use the same time measurements, we will have the next bull market in around 600 days(2 years-2028) Alright, you already have the phase and the difference. Let's talk about the problem behind this, and why this could be the end of BTC. Deadly loop #Neversell is BS, profit needs to be booked. The collateral systems created behind crypto assets is not sustainable since crypto is high risk assets(outside stable coin). Why does it correlate with both points that I already explain? We all know, correlation doesn't mean causations. But this time, it does. The narrative inside #Neversell is to keep the BTC price on Bull phase cause their collateral asset is BTC. If the BTC price dropped, they need to force sell. But based on the historical data, we don't know how long the price will drop and this bear phase will last. Forcing the #Neversell paradigm to collapse. Why force sell? Because the value will be diluted from the market if the BTC price dropped. So before it happens, the BTC needs to be sold to hold the profits. It's a valuation narrative play, and not reall y the real value. Delusion mNAV.