Bitcoin slips under 40k for the first time since August 2021

Is this now a major sign of an imminent bear market? Are there people still believing in a correction?

Bitcoin has seen a major rise in the recent months breaking the all time high in November. But since the beginning of December, the crypto market as a whole has in a been downward trend.

I don’t know about you guys but this is getting worrying. I know you cannot lose if you don’t sell but some of us planned to cash out this year. Corrections, Technical Analysis, Predictions, Crypto market in 2022 just blew every analysis or predictions out of the water.

Thoughts guys?!