Good summary, thanks!
I do hope we won't be going into a bear market, but it is still possible... I could see us going to ~50k, with everyone really thinking Bitcoin is dead this time, to then either do a sharp recovery or keep going up, but way slower than most expect.
What it all comes down to is how the world is rewired the next years, and of course Bitcoin is key in that process. The ossification and close to empty blocks is a concern, but at some point we should see transactions going up.
If not? Well then personally I will hunker down for the long slog, earning in crypto or cash to the extent that I can, so that I will be on the right side of freedom once the real recovery happens🙂
At least for me there is no going back to the fiat mines!
RE: Bitcoin falls below $80K after brief resilience