Let's not jump into conclusion early. Because I still believe that when the time of the bear period comes, the price of Bitcoin will fall drastically, just as always. Because the truth of the fact is that Bitcoin has 4 distinctive phases, such as the "Accumulation phase", which usually take place just immediately after halving, as people accumulate as much Bitcoin as possible. Followed by the second phase which is the "Bull Market Phase" whereby Bitcoin skyrocket in price due to increase in demand, which usually happens the second year after halving. Followed by the third phase which is the "Distribution Phase" whereby Bitcoin crosses new All Time High. and this usually take place in the third year after halving. While lastly the forth phase, which happens to be the "Bear Market" period whereby the price of Bitcoin fall drastically.  Due to decrease in demand, and this usually take place in the forth year after halving. And probably we are in the second year after halving, which means bear period is expected to happen in 2027.