How do you like it so far? It's been 127 days since we saw the all-time high that bitcoin set on October 6, 2025.

Seems like forever since the price was above 100k, doesn't it? Well it hasn't even been 90 days...yet. Anyway, get used to it. The reason I say that is we are in a clear downtrend that does not appear to over anytime soon. If we take a look at the last five BTC bear markets, we can see that from "peak to rough" (highest point to lowest point in a given cycle), the current bear market does not appear to be near complete:\

• Following the hack of the Mt. Gox exchange, BTC toppled -93% in 2011-2012
• 2013-2015 saw an extended bear market when BTC fell -85% from its peak
• From December 2017 to December 2018 again bitcoin crashed -84%
• In 2021, bitcoin corrected from 63k to 29k in a matter of months, shedding -71% of its value over that time
• Bitcoin entered a bearish downtrend from 2021-2022, correcting an astounding -77% over the period

So where do we sit now? Well, from the previous all-time high of $124,748, we are only sitting at -52% which is not quite at the "corrected" level yet. It seems quite strange to think that "eh, its lost half its value and still has some more room to correct. HODL." But, historically, HODL has been the best strategy. Let's make no mistake about it; past results are no guarantees of future performance.

At any rate, that's just where we're at right now. There seems to be much more downside to go, and it is what it is. What's causing this crash? Wall Street creating spot bitcoin ETFs that now carry underlying options, such as those related to Blackrock's $IBIT ETF. Derivative products amplify leverage and can cause extreme volatility when traded in high volumes. 

In short, this isn't the first time BTC has crashed and you can be sure it won't be the last. No, it doesn't constantly go up forever. As I've stated in my last post, I don't think any of the fundamentals, as outlined in the bitcoin white paper, have changed. In a world of greed, endless money creation, and the constant movement of electronic funds, BTC still has its place. 

Welcome to the bear market, enjoy the ride! No exchanges have been breached, or gone bankrupt...yet!

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The original Bitcoin faucet is long gone, but there are still ways to collect some free crypto if you invest some of your free time:

• Sign up here on Publish0x, if you haven't already, to earn free crypto for reading & writing content

• Join Cointiply and roll the faucet every hour, view PTC ads, take surveys to earn free Bitcoin, Litecoin, Dogecoin, or Dash

• Downoad the Bitcoin Cash Giveaway to collect some free BCH sats, paid out weekly

• Check out Yescoiner to easily collect some satoshis; no nonsense -- just solve a captcha. Low payout, slow drip here

• For rewards in XNO, DOGE and BTC, check out TipNano app

• Visit Stacker.news and earn some sats by posting interesting content and commenting what others share

• The most off-the-wall faucet is Crypto Junkie, offering payouts in various cryptos to Final Autoclaim & Faucetpay

• If you're DCA'ing your Bitcoin stack, try River for zero-fee recurring BTC buys & earn 3.5% Bitcoin interest on deposited USD

• Slice is a Google Chrome browser extension that allows you to earn BTC for browsing, paid via Lightning Network