Many investors believe the worst of the correction is already behind us.
Others aren't so sure.
Here's why some analysts remain cautious:
Previous Bitcoin bear markets:
• 2015: Approximately -87% from the all-time high.
• 2018: Approximately -84% from the all-time high.
• 2022: Approximately -78% from the all-time high.
In the current cycle, Bitcoin is trading at roughly -69% below its all-time high, leading some traders to argue that the historical correction pattern may not be complete.
One view suggests that each cycle has produced a slightly smaller drawdown than the previous one.
If that trend were to continue, some analysts believe an 80% correction could place Bitcoin near the $38,000 region.
Of course, market history is a reference not a guarantee.
This cycle will ultimately be influenced by institutional demand, ETF flows, Federal Reserve policy, global liquidity, and overall macroeconomic conditions.
The key question now is:
Has Bitcoin already formed its long-term bottom... or is one final capitulation still ahead?
Current structure suggests that OP has entered an accumulation zone, where I expect a mid-term relief rally to begin. As long as price holds the $0.0900–$0.0965 support area, the primary outlook remains bullish toward the $0.3500–$0.3700 resistance zone.
The first short-term target is $0.1290, but I do not expect the rally to end there. Instead, I expect the uptrend to continue, with $0.1290 acting as an intermediate milestone on the way to the main target.
Buy Zone: $0.0900–$0.0965 Short-Term Target: $0.1290 Main Sell Zone: $0.3500–$0.3700
Once price reaches the $0.3500–$0.3700 resistance area, I expect the relief rally to complete, followed by a bearish continuation into the $0.0120–$0.0150 final accumulation zone.
HYPE is printing a textbook Double Bottom 👀 Buyers are defending support aggressively, signaling that selling pressure is fading. This bullish reversal pattern often marks the start of a fresh upside move as confidence returns. 📈
A clean break above the neckline could unleash strong buying momentum toward the projected target. Momentum is building for a breakout, and bulls are slowly reclaiming control after the recent consolidation. 🔥
Watch for volume confirmation — $HYPE could be setting up for a major expansion move if buyers clear resistance. Market sentiment is turning increasingly bullish. 🚀
Current market structure suggests a potential relief rally before the next major bearish continuation. As long as APT holds the $0.58–$0.60 support zone, a mid-term recovery toward the $1.80–$2.00 resistance area remains possible.
• Buy Zone: $0.58 – $0.60 • Target: $1.80 – $2.00
Once price reaches the target area, I expect the relief rally to lose momentum and complete an ABC corrective structure, creating a high-probability setup for the next bearish leg.
• Sell Zone: $1.80 – $2.00 • Downside Target: Final accumulation area below $0.15