2026-03-09 14:56:21

Main thing driving my thesis: $BTC bear markets have historically ALWAYS bottomed well below the 0.618 retracement level, which currently sits at $58k.

The previous bottoms even went as far as 0.786, but with each bottom being less deep below that, it's unlikely that we will go that deep again.
As such, I'm holding off on starting re-accumulation until we at least dip below $58k.
Personally think somewhere in the middle of the grey box makes sense for a bottom - but we'll see about that.
Bear markets take time to unfold, so I can afford to be patient.
Snipers spend most of their time waiting too; ready to pull the trigger when the time is right.
This game is no different.

BTC3.68%

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