Well, that is interesting.
If $BTC reaches 85K, it would break above the 0.618.
Something we rarely see in a strong downtrends.
We’re at a critical point in terms of trend and a move above 85K would stop my swing short out.
I wouldn’t look to short again until there’s a clear shift back.
Why this could be one of the greatest #Altcoin Season ever :
- ETH about to break its ATH
- Google searches for “altcoin” at highest since 2021
- ETH/BTC is going vertical like previous cycles
- Institutions holding massive crypto positions
- BlackRock holds $15B in ETH
- US Government are building a Digital Asset Stockpile
- Altcoin Season Index entering altseason
- Altcoin's market cap close to breaking ATH
- Total crypto market cap just hit a new ATH
- SEC set to approve altcoin ETFs
- Phantom wallet making crypto more accessible than ever
- Normies are coming
Two things about Bitcoin never seem to change:
1. The 4 year cycle
2. People expecting the 4 year cycle to die
The strange decline and sideways price action early in the bull market year hasn't derailed the Halving Cycles Theory one bit.
I don't side with thinking that the bull run will extend into the year of the bear market (Orange Year 2026).
I also don't think institutions, ETFs, etc, will carry Bitcoin up and to infinity, which is a pipe dream that appears each and every cycle.
My vote is on the same old same old that got us to where we are.
Cycle Top Echo High expected August - September 2025 (important)
Cycle Top expected October - December 2025