It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.
The bear market will likely continue for several more months until mid-autumn 2022. The summer holiday season is coming soon and this is not a good time to start a bull rally. In the long term the bear market will pass but I wouldn't be surprised if we see $10-15K per bitcoin in the middle of summer. For now, I will observe the movement of the crypto market from the outside.