Bitcoin’s cycle points to a market bottom in coming months
Bitcoin is likely in the late stages of its current bear cycle, with historical patterns pointing to a potential bottom around October.
The current downturn could reach a low around late October if history repeats, with the average of the previous three market cycles being 384 days after peaking.
The world’s largest cryptocurrency was trading around $59,500 and has been down about 51% as of June 10, 252 days past its 2025 peak.
Other cryptocurrencies like ETH may also be affected by the market trends, with the next winners being networks that translate usage into lasting token demand through cash flow or monetary premium.