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I mentioned before that this was an extremely important post, which is why I’m quoting it and reposting the same chart. In every major $BTC bear market, we’ve seen 3 significant lows. The third major low this cycle was the $57K low. From both a wave count and technical perspective, it was clear that this was a potential bottoming-formation low. Historically, every previous bear cycle also formed 3 major lows, making a new low after $57K less likely from a purely fractal perspective.