will it drop to 35k?

Quick update to my previous post about a potential Bitcoin cycle low around ~$25,000 in 2026.
Since that write-up, $BTC has now traded down to the $60K region. For many, this already feels like capitulation.
{future}(BTCUSDT)
Price is down materially, sentiment has flipped bearish fast, and the narrative has shifted from “new highs” to “cycle is broken” in record time.
But structurally, this does not invalidate the original thesis it actually fits it.
Historically, major cycle lows are not formed during the first wave of pain. They form much later, after:
Multiple failed reboundsProlonged boredom and low volatilityDeclining volume and participationA widespread belief that “crypto is done”
What we are seeing now looks more like early-to-mid cycle compression, not final exhaustion. Sharp drops hurt, but true bear market lows are slow, grinding, and emotionally numbing. They don’t arrive with drama they arrive with apathy.
If the model pointing to a 2026 low near $25K is even directionally correct, then moves like $60K are not the end of pain they are part of the process that resets expectations. The market needs time to erase hope, not just price.
The key takeaway hasn’t changed:
The opportunity is never about predicting the exact bottom.
It’s about being mentally and strategically prepared to act when conviction is gone.
Markets don’t bottom when fear is loud.
They bottom when nobody is left to speak.
If this cycle follows that path, the real accumulation phase won’t feel exciting it will feel pointless.
And that’s usually when long-term wealth is built, quietly.
#BTC #BTC60KResistance #BitcoinDropMarketImpact