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When you have a spike in volatility for the first time in years matched with an aggressive move (in this case dump on 6th of Feb)... naturally you will see price consolidate for an extended period of time after that event.
There are still bearish scenarios for the high time frame charts, but LTF we could easily see high 70k / low 80k region for Bitcoin. Alts love that environment, often whats the most oversold, will have the highest bounce ROI -> this alone is why you should always take a more active approach to markets compared to bag holding shit to zero over the long term.