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I see a lot of commentary online about how bear market "bottoms NEVER form like this" on $BTC...
But we really only have a few of data points to analyze.
2015 ❌- No Sweep at bear market low
2019 ❌- No Sweep at bear market low
2022 ✅ - Sweep at bear market low (FTX)
2026❔- Undecided...
I think it's really important to stay flexible here. Without realizing it, we all suffer from recency bias... the last bear market ended with a black swan when FTX went under & that caused the deviation of the range low. Because of this, I think many assume that all bear markets need to end the same way.
Its a small sample size... but actually more #bitcoin bear market bottoms end WITHOUT a deviation than WITH a deviation...
We'll see! I am flexible & slow playing it personally. No need to be a hero here.