Bitcoin is now staring at its fifth consecutive weekly loss, the worst streak since the 2022 bear market that bottomed in the $16k range. It has fallen roughly 47% from the October all-time high above $126k and briefly tested $66k this week before the hawkish Fed minutes poured more cold water on risk assets. The Fear and Greed Index is in 'extreme fear' territory. CNBC is running crypto winter segments. If you have been around bitcoin for more than one cycle, none of this is new. The narrative flips from euphoria to obituary faster than any other asset on the planet. Five months ago the consensus target was $200k to $1M a coin in the next 18 months. Now the consensus is pain. Bitcoin does not care about consensus. Dollar cost average, hold in cold storage, and check back in a year.