In every bear market, there will always be a shake down, as there are investors that opted to get out and liquidated their holdings because they don't want they are seeing. And I would say that it is going to be the normal in this kind of cycle. Just imagine, from $126k to $65k, that is a almost 50% decline already.

We don't know how long this bear market is, or if we have touch the lowest low or if capitulation had happened already at $57k. So it's not the question whether it's boring as it is trading sideways or sitting around $64k-$65k is impressive. It's how to take advantage of this cycle, if institutions keeps accumulating, why not average joe like the rest of us DCA and look at the bigger picture?

The price of Bitcoin has been limited to between $60 and $70k for a long time, but despite various events, the price of Bitcoin has not skyrocketed. Currently, the amount of Bitcoin investment has increased globally, where enough companies are holding Bitcoin for a long time and treasury companies are also involved. And there are countless Bitcoin investors who use this Bitcoin holding to eliminate their future financial needs, saving for the future so that they can survive inflation.
Because Bitcoin plays the biggest role against inflation, where people are foolish to deposit cash, if Bitcoin can be invested in that place with that amount of money, then it will definitely play a sufficient role in eliminating future financial needs.

I think there is no doubt that in the 60k area we are seeing a lot of buying support. Bears broke through a couple of times and even achieved some lower lows, but only by a few %.

But despite the quite static floor, we don't see an upward movement yet. For me, the reason is due to the popularity of the "4 year cycle theory", which would predict another lower low in late 2026.

In many bearish years actually a sideways market like now was still broken once more, with another 20-30% crash (or even more in the first 10 years of Bitcoin). And I don't rule out this could happen still, due to the speculation on a self-fulfilling prophecy of a low roughly a year after the October 2025 high. Or due to some random news which would have barely an effect in bullish years, but could let people think that the floor is still lower.

On a whole, however, I think if there is such a final capitulation crash, it's likely it could be much lighter than many expect (if there is no Black swan like a massive hack, AI bubble burst etc., of course). Because I think people could get impatient and begin to buy earlier to frontrun the "bottom buyers", and by that logic the bottom should move to an earlier point in time in each cycle. If we compare 2017's top (December) with 2021's (November) and 2025's (October), such a movement has already ocurred at the ATHs, albeit in a very light way. It has to be seen if the bottoms begin to move, too. A quick lock to the charts showed that this indeed could be the case, because in 2014/15 the bottom was in January, in 2018 it occurred in mid-December, while in 2022 it was in late November.

So perhaps if in early October no capitulation has taken place, people could slowly begin to buy again massively.

Two things are clear here, the over-leveraging traders will meet more of their Waterloo this season, except those who are smart with a tight stop loss, and that are using the S/R techniques to limit their losses, and if they are lucky to follow the right direction, it would be an added advantage for them.

However, what Bitcoin is experiencing now in the sideways is a matter of indecisive market condition; a situation where the buyers and sellers have almost the same power per period/phase. Fortunately, this moments don't last forever, as there would be a breach away (lower or higher).

For me, I wouldn't written off the downside completely yet, and the close of this month would determine a lot on the next Bitcoin's movements.

While Bitcoin's recent movements have indeed seemed dull, I believe this indicates a battle between buyers and sellers, resulting in a reduction in high volatility in the BTC price. We certainly don't know how long this will last, but I also believe this is the perfect time to accumulate btc, as there's potential for it to rise in the future

btc won't immediately surge and reach a new ATH in a short time, as there's always some drama before the rally, which ultimately leads to a new ATH. While investing in BTC always presents temptations, such as the occasional negative news, btc ultimately fails to disappoint those who hold it for the long term