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Bitcoin usually doesn't bottom fast. Neither does it often V-shape recover to Valhalla.
While crypto twitter has the tendency to make you believe it does (we apparently weren't going to have a bear market the last few months either), the statistics speak louder.
There is always a scenario it can happen though. No one can speak with absolutely certainly.
A strong break above ~ $80k would likely make me position earlier as the correction after that has a good chance to be a higher low.
Just not the most likely outcome to me yet.
Perma bulls will say I'm wrong but they've been entirely off this entire downtrend which I haven't.
While perma bears will only act until we see $30-$40k with little to no invalidation.
The truth and real setup will always be found in between the extremes.

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