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Lightly, you have taken a tree with inverse taper little enough to go unrecognized, and completely inversed it's path.
Nothing can fix anything fast, and nothing broke will be fixed fast, so letting it be is always best.
IMO, these "cinched waist" trees usually come about because of compacted soil at some point in it's life.
Though it is true that taper, in it's extreme form to create a pleasing image, is the only thing that doesn't just happen, if you let a tree be, without these cinching restraints, they will naturally grow with their own taper.
Removing branches, or letting them grow, will never correct this basal inverse taper alone, as, even if you believe that each root on some trees, specifically juniper, are connected to a branch, the growth is still more or less uniform, which means you will only ever see the inverse taper remain in the same proportions, only larger.
I don't think juniper has the greatest ability to swell a base with root growth as a maple does, but this is still a requirement to correct the inverse taper at the base, it may just take longer.
So now this will take even longer.
Not to discourage.
I think this things best potential currently, is chopping it to the first branch.
But not soon.
Not before you have "too many trees".
Sorce