A lot of people think we're still in a bull market.  I'm not seeing the fatigue around another leg down that you seem to be seeing.  Expectations for me personally are that we will continue a slow griding drop in price until the next halving or possibly sooner if an ETF is approved (and it isn't a buy the rumor sell the news situation).  Looking at previous cycles, I wouldn't be shocked if we fell slowly over the next year or two all the way down to $10K.  I'd personally rather we saw $200K, but what I want doesn't matter to the market.  Right now I would put the risk/reward price expectations around $10K/$85K.  That being said, I'm still buying BTC on a regular basis at these levels.