🚨 Bitcoin Cycle Update — $60K Reached, Thesis Still Intact 🚨
Quick update to my earlier thesis pointing to a potential Bitcoin cycle low near ~$25,000 in 2026.
Since then, $BTC has traded down into the $60K region.
For many, this already feels like capitulation.
📉 Sentiment flipped fast.
📉 The narrative shifted from “new highs” to “cycle is broken.”
But structurally — this does NOT invalidate the thesis.
It actually fits it.
🧠 How real cycle bottoms form Historically, major market lows don’t happen during the first wave of pain.
They come after: • Multiple failed rebounds
• Long periods of boredom & low volatility
• Declining volume and participation
• A belief that “crypto is done”
Sharp drops hurt — but true bottoms are slow, quiet, and emotionally numb.
They arrive with apathy, not panic.
⏳ Why $60K isn’t “the end” If a 2026 low near $25K is even directionally right, then moves like $60K are part of the reset, not the finale.
Markets need time to erase hope, not just price.
🎯 Key takeaway The goal isn’t calling the exact bottom.
It’s being ready to act when conviction is gone.
Markets don’t bottom when fear is loud.
They bottom when no one is left to talk.
That’s when long-term wealth is usually built —
quietly.
#BTC #Bitcoin #MarketPsychology #BitcoinCorrection