The Countdown for Bitcoin Has Begun: Analyst Claims 'Next 60 Days Could End the Bear Market,' Reveals Strongest Historical Event Leading to...
An analyst suggests Bitcoin's prolonged bear market could end within the next 60 days, pointing to October 2026 as a potential cycle bottom. Bitcoin, after peaking near $126,000 in October, declined to around $57,000 and has since traded sideways between $60,000 and $65,000. The analyst highlights a recurring four-year cycle pattern, noting similarities between the current market structure and the 2018-2022 period, where BTC typically declined in May-June, recovered in July, and faced selling pressure in August-September. If this pattern repeats, Bitcoin might initially drop to around $56,000, potentially falling further to $50,000. Historical cycle lows occurred approximately 1432-1436 days after prior cycle lows; Bitcoin is currently around day 1360 from its last low. Adding the next 60 days would bring it near the 1420-day mark, aligning with previous bottom timelines. Major bear market bottoms were in January 2015, December 2018, and November 2022, with the timeline gradually shifting forward. The analyst cautions that historical trends are not definitive price indicators.
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