The severity of this epic bear market is difficult to predict. The Bitcoin four-year halving cycle has been verified over ten years and has never failed. The halving took effect on April 20, 2024. Under the fixed-cycle operating logic: the cycle’s highest point appears in the 18th month after the halving, followed by a sustained 12-month decline as it searches for the bottom. With precise time projections, the top will be reached in October 2025 at $126,200. On October 6, 2026, the full year’s deep selloff will be completed, arriving at the ultimate bottom. Historical data shows that every bear market’s ultimate bottom is followed by a long period of consolidation; the optimal timing for setup is at the end of 2026 and the beginning of 2027. Looking back at the bear market after the 2021 bull market peaked: after the $69,000 high, the price crashed 77% to $15,500, then traded in a range for three months at the lows. If we apply a 77% drop to this cycle’s $126,200 high, the theoretical bottom is $29,000. The core defensive support is $30,000; in extreme conditions, there is a possibility of a slight breakdown. This cycle’s bottom range is locked at $30,000 to $60,000, and it will inevitably break the previous bull market high of $69,000. When the price falls into this range, it is the high-probability moment to go all-in. Entry must meet three resonance criteria: after October 2026 (time), the $30,000–$60,000 price range, and a fear index around 10; with all conditions met, the probability of long-term profitable trading is 99%. Hold through to 2029, taking profits and exiting in the $150,000–$250,000 range. By the end of 2026, bearish sentiment across the entire network will continue to intensify—doomsday narratives about a Bitcoin crash and widespread doubts about hash rate security will spread heavily. The market will shift from depressed and quiet to extremely bearish. At present, most people also cannot imagine a future super bull market—replicating the panic emotions at the previous cycle’s $15,500 bottom. Back then, the entire network didn’t believe Bitcoin could break through $100,000 and $150,000. But the cycle pattern won’t be wrong. This cycle successfully surged to $126,200, delivering an eightfold gain. Falling short of the $150,000 target is normal cycle fluctuation. Stay firm and wait for the year-end bottom-buying opportunity.