The market now is already in bloodbath, bitcoin is still at $17k which is still a good price but the way the market is moving looks like big investors are already selling off, after the bullish run, the bear market will slowly take over.
Oh yawns. When you've already seen March, and you've seen 85% pullbacks from ATH, then blood on the streets is just the rain falling down in a season of showers =p Ok, never mind the analogy but this is not a bloodbath. Just pull back those timeframes a little more and see where we still are today compared to October. The gains week after week was not healthy, nor sustainable. Profit taking had to happen at some point past $19k, and yeah, some latecomers to the game would be waiting for entry (to hell with dollar cost average for many right?).
This isn't a bloodbath. It's the buydafkingdip ship.