Join SoFi, where crypto meets modern banking. Our all-in-one app allows you to access 25+ cryptocurrencies—including Bitcoin, Ethereum, Solana—alongside your checking account, loans, and investments. The future of finance is here.
Bitcoin dropped 14% last week after breaking down from an ascending channel.
The structure looks a lot like the 2022 bear market. Back then, $BTC bottomed after a 78% dump. This cycle’s correction is 53% so far.
So where’s the bottom?
In the last 3 cycles, BTC found strong support at the weekly 200 MA twice and started a new bull run after testing it for a few weeks. If the 200 WMA holds, $59,100 could be the cycle bottom.
But there’s more.
In past cycles, BTC bottomed almost exactly one year after the bull market top. If that repeats, the bottom lands in October 2026.
And historically, BTC has seen 60%+ corrections after the death cross, which would put this cycle’s bottom near $39,000.
Right now it all comes down to the 200 WMA. If BTC loses it, the next stop could be $50,000 or lower.
JUST IN: $800 BILLION ALLIANCE BERNSTEIN JUST SAID #BITCOIN'S "LONG-TERM STORE OF VALUE THESIS REMAINS INTACT"
DIP IS TEMPORARY
THEY ARE CALLING FOR $150,000 🚀
CNBC REPORTED THAT WALMART WILL NOW ACCEPT BITCOIN, ETHEREUM, AND OTHER CRYPTO PAYMENTS IN-STORE FOR ITS 1 BILLION MONTHLY CUSTOMERS.
THIS IS ACTUAL ADOPTION.
⚠️ALERT: HUMANITY PROTOCOL SUFFERS $31 MILLION EXPLOIT, TOKEN PLUNGES -90%
Humanity Protocol has suffered a MAJOR security breach after private keys linked to a Humanity Foundation member were compromised, as confirmed by founder Terence Kwok.
More than 19 wallets have been drained for over $31 MILLION, with the attacker actively swapping ethereum:0xcf5104d094e3864cfcbda43b82e1cefd26a016eb tokens into ETH.
The Team has urged all users to avoid the bridge and all liquidity pools until safety is confirmed.