Bitcoin: Cycle Resilience Defies Crashes

Bitcoin draws fresh capital after every major downturn because each cycle forges a new cohort of believers rather than relying on fleeting hype.

From the 90% drop in 2011 through Mt. Gox, 2018 and FTX, the pattern repeats: attention in 2013, mainstream adoption in 2017, institutions in 2021 and now ETFs plus government frameworks.

Technical Confluence analysis reveals BTC trading at $73634.98 beneath both EMA50 resistance at $76119.32 and EMA200 at $77046.19 while the MACD death cross at -917.47 confirms bearish momentum; RSI at 33.9 remains neutral inside the Bollinger bands whose lower support sits at $72478.26, pointing to potential exhaustion before any sustained move higher and supporting a measured BTC price prediction once the next believer wave arrives.