What is a bullish divergence? The price makes a lower low. The oscillator makes a higher low. We saw this happen last bear market bottom right at the low as we came down below $17,000 to around $15,500. We got the confirmed bullish divergence. The price is making a lower low. The oscillator starts looking like this juicy set of uneven butt cheeks big on the left skinny on the right. This reason alone is why somebody could make an argument that the bottom of the bear market the lowest price is in. However we need to understand that going back and this is the Bitcoin all-time history here going all the way back to 2014 the Bitcoin price does not bottom out until at least 365 days after the all-time high. So we go back the last three cycles here I have you can see from the all-time high the green line is 365 days after and the past two cycles pretty much to the day the 365 day marker that is the bottom happened in 2019 happened in 2022. Now that 365 day marker for us is going to come in and around the first or second week of October so we still have a few months about two months until that bottom is expected to be in something else that every single Bitcoin cycle does is we don't bottom out until we hit the 78.6% Fibonacci retracement from the all-time high. We did that in 2014 we did that in 2019 we