I disagree with calling what happened a "downtrend" or a "bear market". If you look at the charts this was a quick crash that took less than 48 hours. And from November 8-9 till today price is stable so there is no "down trend" going on just a sudden crash which unlike 2017 was a small crash (about 20%) since we used to see 30 to 40% crashes whenever such bad news came out.
I agree with you, the fall started on the 6th while it was significant on the 8th and 9th of November, it was even because it was triggered by FTX. After the price fall below $15600 on the 9th, no much decline until 21st when bitcoin falled below just $15500. But it is just that we are having monthly speculation and prediction and bitcoin fall from over $20000 to a price below $15500 in November which is what I was talking about, but in most days in November, there is no bear market, the market has been less volatile, I agree with you.
September has been full of fun, bitcoin favour both bull and bear traders as its price never go below $18000 which was a strong support and yet still increased above $20000 many times. Who traded in both directions in patience and using good trading strategies all gained.
The best time to buy bitcoin is now.
This one didn't age well, let's see the November prediction harvest, maybe better wine!
I also included that the price by November may fall significantly. My advice has been to apply DCA strategy, all may not be in one post. Even if buying at $20000, it is just an unrealized loss, 1 BTC is 1 BTC, there is nothing like liquidation if holders can be patient. It is also just my opinion, people should do their own research, but no one knows if the market can further to remain not bullish but the other way. We should not forget that all we post here is just about speculating the price and guesses.