One of the most reliable bottom signals has fired.

Every cycle it has marked the true low.
In 2022, the price went slightly lower due to the FTX black swan.
And I do class this as a black swan, because it is always the only outlier in every HTF metric I track.
In the chance that the bottom isn't in, then we will, at best, be going into the $50k's... no lower imo.
Timing the exact bottom is very hard, and it only becomes truly known in hindsight.
But all we need to know is that the bottom is very likely in, and that is enough for us to take action for the next phase.
Anymore downside here is limited and I am putting my money to that.