The bear market has reached this point—it's basically a near-perfect repeat of the previous bear market; it's an open-book exam.


If we follow the pattern again, there will be a weak rebound on the daily chart here, then the final drop below 60,000—once and for all—followed by about two months of range trading and repairs, with the bear market ending by the end of the year. And next year will be another big bull market!
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