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ASO is just a 2012 OHLC bull/bear percentage tool from Benjamin Joshua Nash. On the monthly it lined up with the 2015, 2019 and 2022 lows, and the same 1-2-3 sequence is showing up again with $BTC sitting in the mid-80ks after the 126k high. The “bottoming” call is his read of that history, not something the indicator prints itself.

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