Bitcoin's recent price decline has sparked discussions about a potential bear market, as highlighted in a podcast featuring Jeff Park, CIO of ProCap BTC, and Anthony Pompliano. Park pointed to liquidity pressures, macroeconomic changes, and geopolitical tensions, including U.S.-China relations, as key factors influencing Bitcoin's performance. Despite the current weakness, Park suggested that this does not necessarily indicate a full market downturn. Park emphasized the importance of institutional capital and the possibility of a new market cycle that deviates from the traditional four-year Bitcoin halving pattern. He also mentioned that unexpected developments, such as a major country purchasing Bitcoin or advancements in quantum computing, could trigger a price recovery.