I think crypto winter is already upon us, no matter how BTC proofs to be stronger it always goes lower since last month, it's getting more harder to retrace old ATH even while institutions are adopting the coin, I believe that massive sell off will happen soon which will unlock the door for the bears
Massive sells of coins can not block cryptocurrencies institution of bear market, the regulations of bitcoin caused the market value, the Bear market always occur within some months period, and it has season and we are about to go in the season, by next match bear market can troops into cryptocurrency marketcap, and i noticed that going up bitcoin other coins follow the same point to have values in cryptocurrency market, because when bitcoin collapse for values other coins also follow the same source
Whether we like it or not, the bearish season will come as even if we never wish for it. Something like we need not wonder, in fact, we can't just think that the market will be forever bullish, this can't be going to happen and maybe, it was the time for the market to take a break after having a long bullish season.
But, as we can see, the price isn't falling down bad. Apparently, I was thinking that it drops below $40k before we end this year but it looks like it never happen and the market support level is still high pulling it up. Well, I guess, the market is still on the bullish side.