Bitcoin: 55-60 Week Cycle Bottom Confirmed
Bitcoin vs Gold chart shows 55-60 week bear bottoms in 2018, 2022 and now, with weekly RSI lows hit and $65691 price inside Bollinger bands.
SourceAnalysis
Bitcoin vs Gold chart reveals every bear market since 2018 bottoms after 55-60 weeks, and the current cycle matches that timeline exactly while weekly RSI has already printed its lowest read.
Price sits at $65691.08 inside the Bollinger band with upper resistance at $67489.66 and lower support at $63521.73; the 50-EMA at $64792.71 acts as immediate structural support while the 200-EMA at $69453.83 caps upside, and neutral RSI at 55.24 alongside the MACD death cross signals a healthy retracement to the 50-EMA before any continuation higher. BTC price prediction models now treat this zone as a phenomenal entry regardless of further downside within the four-year cycle.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast