$BTC may have already exited its bear phase.
Here’s the controversial part:
The ~$126K → ~$60K decline can be interpreted as a completed 5-wave bearish structure.
If Wave 5 is actually finished, $60K may have been more than just “another dip.”
It could be the end of the bear.
But I’m not calling the bottom yet.
The real question:
Are we looking at the beginning of a new bull trend — or just another corrective bounce before another leg down?
I want to hear the bearish case.
What invalidates this thesis? 👇