May 2, 2026

Bitcoin cycle bottom almost in

Bitcoin cycle bottom almost in

Bitcoin cycle bottom almost in

Bitcoin cycle bottom almost in

BTC/USD COINBASE:BTCUSD
Hollowzep


Bitcoin cycle bottom almost in

BTC 1week has been in a top accumulation range for over 1 year holding in an ascending channel formation Price is near the bottom of the long-term bullish formation and needs to reset off the 34k area maybe hit as low as 32k yet to move into the next cycle The next phase with some relief bounces could start over the next few weeks and see the rabbit moved back up towards the 51-55k area into eoy before a correction then onwards towards ATH through 2023 This is a long-term positive outlook but our current trading strategies are all bear market strategies, like less risk-taking, taking profits early, being wary of new projects launching, extremely wary of top L1’s that are losing traction, etc. the list goes on We cannot expect to trade successfully now using the same strategies we have been using for the last two or so years and have transitioned into bear market moves the last 3-4 months prepped for winter

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