I think that there will be 12-24 months of slow bleed, that will have these little sharp upward spikes that the sheep will repeatedly call "reversals".
This is how you get the sheep excited enough to stay in the market while you do the shearing. History will repeat itself.
You are quite correct.
A good indicator that the bear market is still on track, is the number of posters who think the opposite and maintain faith that the price will rise.
Having watched every twist and turn of the market since 2012, the repetition is easy to see.
If you are invested, going to fiat is still a risky option, because the hard part is buying back later.