Absolutely.
It is not even very far away... Looks like the 0.00265 Fib has been broken so it is doomed to go lower.
Short term is bearish... Mid term still bullish and long term bearish.
I hate to face the reality as it is but this is the current situation.
I was anticipating new ATHs soon but it didn't come so down we go.
The good thing is, when the price declines, the community gets more Moneros for their bitcoins so patience is the virtue here.