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$BTC It'll be obvious in hindsight...
During the previous bear market, the deviation below the prior capitulation wick offered a generational buying opportunity.
This cycle has now swept that capitulation wick, which is why I've been aggressively adding to my spot position. It doesn't necessarily mean the bear market bottom is in, but it does suggest this is the time to start buying rather than lowering your targets.
I'm currently 75% allocated to spot and swing long from 59.4K.