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.
It's very possible, I also think the same. all of this is the same as what happened in 2018, 1 year after reaching ATH the bear market came and at this time the correction was too deep to make me pessimistic that it would recover quickly. if indeed 2018 has come it means we have to wait another 3 years to be able to see the market recover and reach its peak price again.