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The Shallow Bear Study

Every Bitcoin bear market measured from the all-time high to the lowest wick. The four finished bears fell 93%, 87%, 84% and 78%, and the trend pointed at -74% for this one. It stopped at -54%, the shallowest and fastest since 2011, but in every bear since 2013 the first big low was not the last. Every top and bottom, the trend fits and the levels.

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