I compared this cycle to the previous one using the Ichimoku model.

So far, the sequence looks similar:
• Rejection below the Kijun
• Price entering the Kumo
• Kumo flipping into equilibrium

Based on that, I explored Span-based projections
not as targets, but as possible value areas
if the cycle continues to play out.

So whether this is the end of a classic cycle
or a transition into a more institutional one.

If this cycle continues to unfold the same way,
a potential bottom could form around September–October, possibly in the ~$70k area.
Not a forecast.
Just a conditional framework.

Same Ichimoku sequence.
Interesting similarities.
Price will decide.
$BTC