$BTC Update Price closed below $60k yesterday for the first time. Technically, we now have a new lower low and a new lower high since the $126k top. We've been discussing this ever since the market entered a downtrend: as long as the trend remains bearish, you should continue to expect more downside. There will always be bounces in between, and we've traded many of them.
The overall plan remains simple. As long as the market structure stays bearish, there's no need to call a Bitcoin bottom. Yes, you can still trade the bounces in between.
Current Picture: Today's daily candle is something to watch. If Bitcoin manages to close back above $60k, ideally above $61k then you can expect some short-term relief. Until then, there's nothing particularly interesting in the market, TBH.
it happened in 2022 it happened in 2018 it happened in 2015
It will happen again. This is not for just Bitcoin every bear market ends the same way.
CRYPTO MECHANIC
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You’ll have plenty of time to buy in a bear market.
There’s no need to stress about catching the exact bottom.
Price usually spends a long time ranging after finding a bottom before the next cycle starts. That’s where you can slowly accumulate.
“But how do you know this range is accumulation and not just a pause before another move down
The truth is, you don’t know for sure.
What you can do is look for clues. Selling pressure starts drying up, price stops making aggressive new lows, dips get bought up, and the range holds for a long period of time.
The goal isn’t to identify the exact bottom. The goal is to find an area where the risk/reward is favorable and gradually build a position.
You’ll have plenty of time to buy in a bear market.
There’s no need to stress about catching the exact bottom.
Price usually spends a long time ranging after finding a bottom before the next cycle starts. That’s where you can slowly accumulate.
“But how do you know this range is accumulation and not just a pause before another move down
The truth is, you don’t know for sure.
What you can do is look for clues. Selling pressure starts drying up, price stops making aggressive new lows, dips get bought up, and the range holds for a long period of time.
The goal isn’t to identify the exact bottom. The goal is to find an area where the risk/reward is favorable and gradually build a position.
I don't think there's any need to write a long post when nothing has changed much in terms of price.
The weekly chart remains in an overall downtrend. Price got rejected from the $65k–67k zone that we discussed in the last two weekly updates. That clearly shows the bulls are still weak.
I see sentiment is extremely positive, and I honestly don't understand why. Price has done almost nothing, and the overall weekly structure still looks bearish.
Looking at the weekly chart, the rejection from $65k–67k is very clean. Even if price moves up to $70k–72k, it still wouldn't change much on the weekly timeframe.
I don't see any reason to chase the price or get caught up in the excitement on social media when the charts aren't giving me a bullish signal. As far as the weekly chart is concerned, I still don't see anything encouraging.
**BTC Lower Timeframes**
Last week, Bitcoin was trading around the $67k area, and I said that any weakness there would likely send the price back to the $60k–62k range. Last week, price dropped to around $62.2k, exactly as expected. Overall, I think the lower timeframes are still range-bound.
$67k remains the key resistance. $60k–62k remains the key support.
As long as price continues trading within this range, it's a no-trade zone for me. A breakout in either direction would likely lead to trend continuation.
Every time we enter a new market cycle, people start saying the same thing: "This time is different." They say Bitcoin has matured. Institutions are here. Governments are involved. ETFs exist. The old cycles don't matter anymore. And yet, every single cycle ends up looking surprisingly similar. The funny thing is that people forget history when prices are going up. Then when prices start falling, they forget history again and think Bitcoin is dead forever. If you zoom out and ignore the noise, Bitcoin has followed a very clear pattern for more than a decade. Let's take a look. Bitcoin's Four-Year Cycle If you pull up Bitcoin's historical price action, the pattern jumps out at you immediately. Bitcoin topped in November 2013Four years later, it topped again in December 2017Another four years later, Bitcoin peaked in November 2021Following the same rhythm, the most recent cycle top formed around October 2025 Four years. Every single time. The market doesn't care about your opinions or mine. It just keeps doing the same thing. The Bear Market Historically, Bitcoin follows a familiar pattern: The same pattern appears on the downside as well. When you look at Bitcoin’s major bear-market lows, they also occur roughly four years apart. Historically, Bitcoin follows a familiar rhythm: Around three years of upsideFollowed by roughly one year of a bear marketThen the next cycle begins The Big Question: Where Do You Buy Bitcoin? Everyone loves buying Bitcoin when it is making new highs. Very few people want to buy it when it is down 50%, 60%, or 70%. The problem is that the best opportunities usually appear when fear is at its highest. One of the simplest ways I use to identify potential buying zones is Fibonacci retracement levels. I'm not talking about finding the exact bottom. I'm talking about finding areas where Bitcoin has historically offered the best long-term opportunities. Lets look at the data. 2014 Bear market 2018 Bear market 2022 Bear market Every single bear market has bottomed somewhere between the 0.618 and the 0.786 fib level from the previous cycle. Something Interesting to Notice There is one thing that stands out on every cycle. If you look at the charts. In every bear market, Bitcoin dropped below the 0.786 Fibonacci level, spent some time under it, and then started a new bull cycle. This is also important because many investors expect a V-shaped recovery. Historically, Bitcoin likes to spend time building a base before starting its next major move higher. That means you will have a lot of time to buy Bitcoin for the next cycle. Two Types of Investors When the price enters the fib zone, you basically have two approaches: Type one You start accumulating as soon as Bitcoin enters the fib range. You're okay with catching it somewhere between the 0.618 and 0.786. You don't need the perfect bottom, you just want to be positioned. Type two You wait for the absolute bottom. You're targeting the 0.786 or lower, and you're patient enough to wait for the full capitulation before you move. Neither approach is wrong. It just depends on your risk tolerance and how much you trust the setup. Now lets have a look at The Current Cycle If Bitcoin follows the same pattern as previous cycles, the price could eventually fall into the historical Fibonacci 0.618 - 0.786 buy zone. it is basically $40k - 58k zone based on the fib levels. if Bitcoin drops to 0.786 fib like the previous cycles The 0.786 level comes in just under $40k zone. Mastering The Bottom Two things tend to line up at the real bottom: Time-based capitulation Bitcoin historically bottoms in Q4 of the bear market year, or roughly one year after the cycle top. So timing matters just as much as price. Basically there are two similarities in every Bitcoin cycle Price drops to the fib levels we discussed aboveIt Bottoms in Q4 or 1 year after the market top There is a world where price may not drop as deep as you may expect, Spend some time in a price range and starts a new market cycle. Where will bitcoin consolidate? That is just a guess but you have to consider the time based capitulation if you're someone waiting to Buy Bitcoin based on the 4 year cycle. Price-based capitulation Price drops into the fib levels, like it always does. When you get both of these lining up at the same time, that's when the setup becomes serious. The Public Sentiment Never Changes At $120k, the narrative was super cycle. Institutions. ETFs, Trump will pump our bags. This time it really is different. The four-year cycle is dead. Bitcoin doesn't crash like that anymore. Now as price drops or wherever this bear market takes it the narrative will flip completely. The same people will be saying Bitcoin is broken. It was all a fraud. The bull market isn't coming back. It's going much lower. This will also be a sign that Bitcoin is getting closer to its bottom. That’s pretty much it This article is for educational purposes only. I have no idea whether Bitcoin will follow the same pattern again or not. We're simply looking at historical data, and so far, history suggests that Bitcoin continues to behave in a similar way. Nobody can predict the future with certainty. Bitcoin may not follow the cycle perfectly this time. However, if history has taught us anything, it's that ignoring proven market behavior because of popular narratives is usually a mistake. The biggest opportunities often appear when nobody wants them. If Bitcoin enters the historical buy zone again, the challenge won't be finding the opportunity. The challenge will be having the courage to take it while everyone else is convinced the world is ending. Good Luck
I don't think there's any need to write a long post when nothing has changed much in terms of price.
The weekly chart remains in an overall downtrend. Price got rejected from the $65k–67k zone that we discussed in the last two weekly updates. That clearly shows the bulls are still weak.
I see sentiment is extremely positive, and I honestly don't understand why. Price has done almost nothing, and the overall weekly structure still looks bearish.
Looking at the weekly chart, the rejection from $65k–67k is very clean. Even if price moves up to $70k–72k, it still wouldn't change much on the weekly timeframe.
I don't see any reason to chase the price or get caught up in the excitement on social media when the charts aren't giving me a bullish signal. As far as the weekly chart is concerned, I still don't see anything encouraging.
**BTC Lower Timeframes**
Last week, Bitcoin was trading around the $67k area, and I said that any weakness there would likely send the price back to the $60k–62k range. Last week, price dropped to around $62.2k, exactly as expected. Overall, I think the lower timeframes are still range-bound.
$67k remains the key resistance. $60k–62k remains the key support.
As long as price continues trading within this range, it's a no-trade zone for me. A breakout in either direction would likely lead to trend continuation.
DXY Tapping resistance once again If this breaks, How stocks, Gold and Bitcoin will react to it will be something to watch. i want to observe the correlation between Stocks and DXY so far what i observed is when stocks are Red Dxy is usually green. No Breakout yet on DXY but we will keep an eye.