Expert Declares Bitcoin Has Reached Midpoint Of Bear Cycle: What Lies Ahead?
During what many anticipated would be the year of a major Bitcoin (BTC) bull run, market expert Axel Adler has revealed that the leading cryptocurrency finds itself at the midpoint of a bear cycle. A Mild Bear Cycle Compared To History As of now, Bitcoin has recorded a modest year-to-date decline of 4%. However, the cryptocurrency has shown some stability this week, consolidating in the range of $89,000 to $94,000, with the latter figure serving as immediate resistance. According to Adler, this current correction, which stands at approximately -32%, is considered less severe compared to....
Related News
With the Bitcoin price seeing some recovery after crashing to $102,000, speculations now abound as to where the pioneer cryptocurrency could be headed next. So far, it has been a mixed bag, with some expecting a rally similar to the COVID rally to follow, and others believing that this is the start of the bear market. In the same vein, a pseudonymous crypto analyst has painted a clear picture of where they expect the Bitcoin price to go, depending on how it performs in relation to the midpoint level. What Happens If The Bitcoin Price Stay Above the Midpoint? Presently, the midpoint line is....
Bitcoin continues to beat expectations this year. Despite most investors speculating the bull market was already over, the digital asset has posted another rally that shows that the market might in fact still be in a bull cycle. The last two weekends have seen bitcoin prices adding at least $4,000 in the span of three days. Breaking what has been a slow and brutal downtrend cycle in the market for the last month. Now, on-chain expert Willy Woo was on the podcast What Bitcoin Did to talk about the price of bitcoin and give his predictions regarding the price. Woo, for one, does not believe....
A leading market expert recently hinted at an impending bottom for Bitcoin (BTC), suggesting that within the next 328 days, the cryptocurrency could reach a price range between $38,000 and $50,000. Bitcoin Price Bottom In October 2026 Although Bitcoin’s performance this year has lagged behind US stock markets and gold, it has still managed to achieve notable highs, currently trading nearly 20% below its record peak of $126,000 reached earlier in October. Related Reading: Crypto Treasuries Shift Focus From Bitcoin And Ether To These Lesser-Known Altcoins However, the current market....
Bitcoin price is still trading at more than $25,000 less than the local highs set earlier in the year, and bulls have a lot of ground to reclaim. However, the lost ground might not be so bad after all, as it has brought the current market cycle a lot closer to past bull cycle comparisons, which could shed some light on what’s left for Bitcoin in terms of price action in the months ahead. Bitcoin Collapse Puts Market Cycle On Par With Previous Bull Run Following a sharp more than 55% decline across the board in cryptocurrencies – even the top dog Bitcoin – the market is....
As Bitcoin (BTC) experienced significant volatility throughout the year, reaching new all-time highs (ATHs) before enduring sharp corrections of up to 30%, the cryptocurrency community has become increasingly polarized regarding its future direction. Many analysts are raising concerns about a potential bear market emerging in 2026; however, market expert Shanaka Anslem has offered a different perspective on social media platform X (formerly Twitter), questioning whether 2025 has already represented the real bear market. A Sign Of Cycle Change In his analysis, Anslem highlights key....