🚨 $BTC BOTTOM reached? Only UP from here!!!
Bitcoin is still over 42% below its $126,000 all time high, but several major charts are starting to whisper the same message. The $60,000 to $72,000 zone may be the floor where this cycle resets before the next run.
One of the clearest signals is a classic double bottom forming on lower time frames. The structure looks like an Adam and Eve pattern, where a sharp panic low is followed by a slower rounded base. Bitcoin already broke above the key $70,000 neckline, which typically marks the shift from selling pressure to recovery.
Another signal is coming from the Bitcoin to gold ratio. When Bitcoin weakens against gold, it usually means investors are in risk off mode. The interesting part is timing. In the last three cycles, it took around 14 months for this ratio to bottom. We are now about 13 months into the same pattern. The last time this happened in 2022, Bitcoin went on to rally more than 350%.
The long term trend line is also back in play. Bitcoin is once again retesting the same multi year support that marked the 2018 and 2022 bottoms. Each time price touched that level, the bear market quietly ended.
Nothing in markets is guaranteed. But when multiple cycle signals start lining up, smart traders pay attention.
If $60,000 to $72,000 holds, this range may end up being remembered as the quiet turning point of the cycle.
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