Bitcoin: Cycle Bottom Implied in May | Flash News Detail | Blockchain.News
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4/19/2026 6:34:00 AM

Bitcoin: Cycle Bottom Implied in May

Bitcoin: Cycle Bottom Implied in May

Bitcoin cycle bottom implied in May by on-chain indicators, with post-Halving pattern suggesting October low, per analyst Andre Dragosch challenging YTD ROI views.

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Crypto analyst Andre Dragosch pushes back on Benjamin Cowen's Bitcoin YTD ROI comparison to prior midterm years, arguing that on-chain indicators already signal a Bitcoin cycle bottom in May, while the empirical post-Halving pattern points to a bottom in October—potentially invalidating bearish takes amid ongoing BTC price prediction debates and crypto market crash fears. This view aligns with recent halvings where BTC rebounded sharply post-bottom, weaving in hype around assets like TAO in the broader ecosystem.

On the 4-hour chart, Bitcoin trades at $75,420.19 in a bullish trend, holding firm above the EMA50 support at $74,290.3 and well clear of the EMA200 at $71,407.68, but the MACD death cross at 500.66 screams bearish momentum that could pressure prices toward the lower Bollinger support at $73,785.32. Neutral RSI at 50.9 offers no strong directional bias, yet with price nestled inside the bands and upper resistance looming at $77,757.72, expect choppy action—any break below EMA50 risks accelerating downside, while confluence with the bullish structure hints at exhaustion selling before reclaiming highs, much like last quarter's post-Halving volatility in this macro cycle.


André Dragosch, PhD | Bitcoin & Macro

@Andre_Dragosch

European Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.