Historically, in every cycle, Bitcoin’s highest monthly close has acted as the macro bottom of the following cycle.
The previous cycle’s highest monthly close is approximately $61,000.
If price drops below this level and closes the month below it, this would mark the first time in Bitcoin’s history that this cyclical structure breaks.
That’s why $61K is not just a support, but a key reference level for the entire cycle structure.
Written by İbrahim COŞAR