If you've programmed yourself to "buy the dip" over the last few years, you might want to be patient here.
There are most definitely some "dead bodies" out there that have yet to surface.
After Terra/Luna it took nearly 6 months for the final capitulation to play out...which typically ends with restructuring/consolidation for Bitcoin Miners
No view on whether the cycle is "over" at this point. Next week should be telling.
But BTC fair value is roughly $60k in my opinion.
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