$BTC 2026 Bear Market Structure (WXY)

This is how I’m reading the current bear market on Bitcoin

We’ve spent more time ranging between $62k–$78k than we did at $84k–$97k earlier, which suggests a Double Zigzag (WXY) structure is in play.

Current move from $60k → $79.5k looks like Wave (X) and it could extend a bit higher:

• Major resistance: $85k

• ABC target: ~$82.5k

→ Some upside from here is still normal

Wave breakdown:

• (W): $126k → $60k

• (X): $60k → ~$80k

• (Y): Expected → $80k → $40k

Final leg down (Wave Y) likely completes the bear market

Timeline: ~5 months remaining

Potential bottom: Sept–Oct 2026

Stay sharp structure matters.

#BTC #Bitcoin #Crypto #bearmarket #trading $BTC

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