For me, the BTC trend has many explanations according to the corresponding temporality, if it is short-term, the trend differs a lot from the long-term one, for me the long-term trend is bullish, because I know that bitcoin will have another movement where a new ATH will be reached, and the model that best explains it is PlanB's S2F model, so I totally stick to it because it's a predictive model that I trust a lot, and because it's not like a tool, but it has expiration.
BTC is the top coin that is trending all over the news, because of it's recent and heavy dump. The coin dump from $40k to $28k and it's currently unpredictable. Traders are making money from the coin, although some traders are losing their funds in Bitcoin. But those that Short and Long BTC are in profits only if they know how to strategize and Know when the coin will fall a little, they will short it, and when the coin will also pump a little bit, the will long it on futures trading. BTC is analyse it predicted to dump to $20k before pumping and Making the long run to $100k
If we study Bitcoin well, we certainly will not worry about the bearish trend that is happening in Bitcoin today. Because Bitcoin is indeed very volatile
in its movement, so sometimes it often suddenly dumps, but the next Bitcoin will rise again. Such is the movement of Bitcoin, even the decline in
Bitcoin which is quite deep as it is now is not the first time, Bitcoin has experienced a decline in price several times. The conclusion is how deep
the price of Bitcoin falls, Bitcoin can always recover and go higher. So the Bitcoin price drop below $30k should only be temporary, we just need
to be patient for the bullish trend to come. My experience is that investing in Bitcoin always gets a satisfying profit if I can be patient holding Bitcoin
in the long term.