dont think this current price action can be justified with macro or 4y cycle theory. nothing goes down in straighy line and major supports dont get eliminated at first attempt. this seem to be a technical crypto-specific downward spiral caused by CEX and MMs. october 17th wasnt just a glitch in the system, it showed us the biggest vulnerability. so, tl;dr; r we fvcked? expecting november will be a bottom finding event followed by a double top in december (dead cat bounce) with alts outperforming BTC a lot. expecting to retest wma50 / dma200 at some point in december. that will be the era to sell it all and come back in a year. lets see

bull or bear, buying here should be ok for at least a relieve bounce across the market