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As far as timing goes, I believe we have already begun a weekly downtrend since the top. However this was also the case after etf sell-off before it reversed hard before fully completing in normal fashion.
As I said before I think this model was meant to be broken eventually but it is still worth keeping in mind. Still. Downtrending.
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I think alts holding april 13th low would be an anomaly without BTC being bullish.
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Scenarios:
Most bullish: We just pump from here ofc
Bullish but unlikely: Btc holds 56.5k, Total3 flushes below April 13th low
Most likely: long chop/bleed to 52k btc, alts follow
Unlikely: Beginning of bear already happened
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