Wait, so Bitcoin's down 20% since the start of the year? That's what the charts are showing, and honestly, it catches a lot of people off guard. You see investors scrolling through their portfolios, rubbing their eyes in disbelief. A 20% year-to-date decline sounds brutal when you first hear it, especially if you're expecting smooth sailing in crypto. But here's the thing—this kind of volatility is part of the game. Markets breathe, they fluctuate, sometimes they dip hard. The real question isn't just "why is it down?" but what happens next. Are we seeing capitulation, or is this a setup for something bigger? That's what traders and analysts are picking apart right now.