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seeing some people call for a Wyckoff bottom here, which is completely valid.
but every cycle we’ve still seen around 60% drawdowns, so I don’t think 50k $BTC is some impossible target either. I think bottom formation is already happening but people expecting a quick V-shape recovery might be disappointed
feels like this process still takes another 3 months minimum. For me, October or 50k $BTC are the real all in zones.