I have been saying by by 4 year cycle for over six months. Let's see if i am correct.
Did you mean bye bye? Only what I think is the price fluctuations to reduce but bitcoin may still make it down to $75000 or down to $60000. Investors will have confidence and the price will later increase and get to ATH.
I think this is one of the most bitcoin - hostile write up I'm reading about bitcoin since the past month. What indicators are you basing this assertion on? Even though no amount of market corrections is impossible, volatility occurs both ways. But thinking of a 40% - 52% dip doesn't look very real at least for the rest of the year as there are signs of achieving a new ATH before wrapping up the year.
Bitcoin has been resistant lately with a back and forth movement. If you are patiently waiting to buy at $75k or $60k, you may have to wait till infinity. Investors are looking forward to new waves and the current price is not a bad one too at $109k.

The chart is not bad and I suppose bitcoin should hit $130k without dipping to $80k before the end of the year.
However it not abnormal for any markdown stage of bitcoin, it is usually characterized by high volatility, which comes with sentiments and depression. If you are holding any bitcoin, it's still not time to sell. You can continue buying instead of waiting for the dip that may not happen.