The bear market is unimaginable; the highest point is 18 months after the halving. October is the peak. The starting point of the bear market is the peak of the bull market. On October 7, 2025, Bitcoin will reach an all-time high of $126,200. This is the starting point of the bear market. It will initiate a bear market lasting 12 months. The lowest point will be at the end of 2026, with the lowest Bitcoin price between $30,000 and $60,000. The Federal Reserve will lower interest rates by 25 basis points this month. There is hope to end balance sheet reduction this year. The four-year halving cycle remains unchanged. The halving will occur on April 20, 2024. The highest position in the 18th month. This month, Bitcoin's historical high reached $126,200. The last bull market saw Bitcoin drop by 77%, so this time Bitcoin definitely won't drop by 77%. The lowest Bitcoin price will be at most $30,000. This means there will never be Bitcoin below $30,000. Waiting for the right opportunity can catch a crash. Similar to 1011. I have already liquidated my positions. Next, I look forward to a big harvest with perp flipping. Always optimistic and always confident. The lowest point for Bitcoin will be in October 2026. A fear index around 10 indicates the lowest position. A fear index below 10 allows for another all-in. Bitcoin by the end of 2026. A fear index below 10 indicates the lowest position. Bitcoin will definitely drop below the 2021 highest point of $69,000. The lowest Bitcoin price will be around $30,000 to $50,000.