In my opinion the bearish market already ended and currently the market still sideaway , after sideaway for afew month bullish market will start again.
look at the current price:
1 BTC = $3580
Ask the following question, where do you see a lot of demand so that prices increase a lot?
BAKKT? ETF? all this still depends on approval, and it's not things that will be approved so soon
Because according to history price of crypto
Year 2017 had little pressure from governments and banks = more freedom and ease of buying crypto and the price to climb easily
After the year 2017 governments and banks are campaigning against bitcoin, it is hard to buy bitcoin = the price falls. take India and China as an example of government and bank pressure