Market analyst Caleb Franzen urges Bitcoin investors to stay strategic amid current market challenges and emphasizes that Bitcoin falling below the key 2-day 200-day moving average (around $97,000) in November 2025 will be seen as a historic bear market signal. He points out that the potential downside target ranges between $37,000 and $44,000, aligning with the actual transaction price near $41,700 held by long-term investors, but he also warns investors not to be fooled by historical data. Franzen emphasizes that investors should be prepared for a long-term decline while remaining open-minded; if Bitcoin reclaims the 2-day 200-day moving average and the 55-week moving average (around $99,000), a bullish rebound may occur.