Bitcoin: 40% Rebound Fits 11-13 Month Bottom Window
Bitcoin rebounds over 40% from July lows at $82744.3 as 11.9 months pass the peak inside historical bottom timing, with NUPL at 0.09 and MACD death cross on 4h chart.
SourceAnalysis
Bitcoin has rebounded over 40% from the July bottom, landing 11.9 months past the prior peak inside the 11-to-13-month historical window for cycle lows.
NUPL bottomed at 0.09 versus -0.31 in 2022 while a golden cross appears 2.3 months ahead of the prior 3-to-6-month average, leaving traders weighing conviction against the risk of another low.
Price sits at $82744.3 inside a bearish 4h structure with EMA50 at $83960.46 acting as resistance and EMA200 at $82195.85 providing nearby support; the MACD death cross at -766.22 confirms downside momentum while RSI at 42.18 stays neutral and price remains trapped between Bollinger bands of $86593.0 and $80573.57, pointing to a likely test of the 50-EMA before any sustained continuation.
Binance Research
@BinanceResearchAs the official research arm of Binance, this account publishes institutional-grade analysis and in-depth reports on digital assets, blockchain ecosystems, and Web3 technologies. The content delivers data-driven insights into market trends, protocol developments, and macroeconomic factors influencing the cryptocurrency industry.