Биткоин

BITCOIN structure follows all previous Bear Cycles. Be prepared.

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Bitcoin (BTCUSD) is experiencing a short-term rebound, whose possibility of taking place we discussed last week. This rebound can technically test and get rejected on a trend-line that all previous Bear Cycles did, the Lower Highs trend-line.

As you can see, that trend-line has been present during all cyclical corrections, essentially being the Bear Cycle's natural Resistance level. Basically the whole structure of every Bear Cycle has been similar, displaying also a Pivot trend-line, which was either a previous High or a Support and once broken, strong sell-off continuation towards the Cycle's bottom. The first two Cycle's (since 2014), bottomed on their 1M MA50 (blue trend-line), while the last one near the 1M MA100 (green trend-line).

Right now the market almost hit that Pivot and a short-term rebound and rejection on the Lower Highs trend-line, may initiate Phase 2 by February 2026.

Notice also the similar 1W RSI Lower Highs structure among the Bear Cycles, being a Bearish Divergence early call for the Bull Cycle Top.

Based on all the above, it shouldn't be surprising if BTC bottoms near or on its 1M MA100 this time also, even though (as explained on previous analyses), it would be a good idea to start buying after roughly $60000 breaks.

So do you think the Bear Cycle structure of the previous years will be repeated? Feel free to let us know in the comments section below!

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