Zoom out, tune out all the noise and just look at this simple trend line on the log scale. BTC is clearly on an uptrend since March 2020 crash. Even the 55% drop back in May 2021 did not break this trend line. Consolidation periods like this are good for the price long run. I do believe that lengthening cycle will play out and the peak has not been put in yet. Give it time and hodlers will be rewarded. Don't listen to the herd, everyone is calling for lower prices right now which I think will be proven wrong. I strongly believe that the trend line plus the 20 week SMA will be concrete support.