Been watching BTC's moves lately and some Elliott Wave analysts are raising red flags. They're saying we could see Bitcoin drop to $70K or even lower if this bull run really is done. Currently sitting around $74K, so we're not far off from those levels if the bears take over.

The thing that's got me thinking is whether we're actually at a local top or just consolidating. When will this bear market end if it does happen? That's the million-dollar question everyone's asking. Some of these wave analysts reckon the structure suggests more downside coming, which would be rough for anyone still holding bags from higher up.

Personally, I'm watching support levels closely. If we break below $70K, that could signal the bear market has real teeth. But honestly, trying to time the exact bottom when will this bear market end is probably a losing game anyway. Just keeping an eye on the technicals and waiting to see if the Elliott Wave counts hold up.