Bitcoin Triggers Cycle Signal Linked To Every Bear Market Bottom
Bitcoin has triggered a Gaussian Channel trend flip on its weekly chart, a technical signal that has historically appeared near the end of every prior bear market. According to analyst ChartNerd, this transition from a green uptrend to a red bearish channel indicates the final stage of the cycle, often preceding one last significant price decline before a market bottom forms. The current analysis suggests Bitcoin could see a downside move into a target range of $40,000 to $50,000 by Q2 or Q3 2026, with key support levels identified at $66,895 and $44,463. Despite the potential for further volatility, this signal is interpreted as a late-stage development rather than the start of a prolonged collapse, potentially offering a final discounted entry opportunity before the next bull run.
bitcoinist04/06 06:02
