Bitcoin has entered a phase of bearish acceleration following a monthly close below the base of a macro descending triangle. This breakdown, confirmed by a bearish crossover between the 21-week and 50-week exponential moving averages (EMAs), signals a transition from a lackluster relief rally into a confirmed bear market. Historical data from previous four-year cycles indicates that peak-to-peak periods consistently last approximately 1,000 days, suggesting that current price action—dropping from 90k toward the 60k range—is a predictable repetition of market psychology. While the immediate outlook suggests further downside over the coming months, this period represents the foundational phase of the next four-year cycle. Strategic buy-side activity during this year of bearish momentum offers the opportunity to secure bargain prices, forming the bedrock for future portfolio profitability as the market eventually moves toward a new cyclical bottom.
Sign in to continue reading, translating and more.
Continue