They don’t need to “allow” everyone to buy at $600.
The point is that the market can create enough fear and capitulation that, by the time those levels are reached, many people won’t even want to buy anymore.
Every bear market needs to create enough fear and uncertainty before a true bottom can form — enough to make people question everything:
“Is crypto actually over?”
“Will the market ever recover?”
“What if prices never come back?”
That fear comes when the market reaches price levels that seemed impossible to the majority.
And the interesting part is that even when people finally see those levels with their own eyes, many still struggle to believe that it can actually happen.
That is how deep bear markets work: the price falls far enough to break confidence, not just price levels.
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