Bitcoin just closed July up 7.32% while holding above the Monthly MA50 at $60,763. Every bear cycle in this chart ended at that moving average. And right now Bitcoin is sitting right on it.
Look at this monthly chart carefully.
2018 bottom. $3,189. Down 84%. The monthly MA50 was the floor that ended the bleeding.
2022 bottom. $15,473. Down 78%. Same story. Monthly MA50 held and the next cycle began.
Now 2026. Bitcoin down from $109,000. Sitting above the Monthly MA50 at $60,763. Closed July with a 7.32% green candle.
The pattern is not subtle. It is the same structure repeating for the third time.
The bear cycles in this chart each lasted roughly 12 months with 3 to 4 months of sideways accumulation before the next rally began. The 2022 bottom formed in November. The 2018 bottom formed in December. If history rhymes, October to November becomes the most important window of 2026.
Peter Brandt called a high $40,000s bottom around October. The monthly chart says the MA50 at $60,763 is the line that matters most.
One of them is right. The MA50 holding or failing will answer which one.
The bullish case is building quietly.
The Iran peace deal easing macro pressure. ISM data due today. The Clarity Act bipartisan compromise within days of the White House. BlackRock and Franklin Templeton publicly pushing for passage. Ethereum weekly MACD flashing the same signal that preceded every major ETH rally of the last 3 years.
Support at $57,748. Resistance at $67,252 then $74,000.
This is not a trade setup.
This is a historical accumulation phase on the monthly chart.
Stay patient. Manage your risk.
The chart has been here before.
#Bitcoin #BTC #MonthlyChart #TechnicalAnalysis #CryptoMarket
Look at this monthly chart carefully.
2018 bottom. $3,189. Down 84%. The monthly MA50 was the floor that ended the bleeding.
2022 bottom. $15,473. Down 78%. Same story. Monthly MA50 held and the next cycle began.
Now 2026. Bitcoin down from $109,000. Sitting above the Monthly MA50 at $60,763. Closed July with a 7.32% green candle.
The pattern is not subtle. It is the same structure repeating for the third time.
The bear cycles in this chart each lasted roughly 12 months with 3 to 4 months of sideways accumulation before the next rally began. The 2022 bottom formed in November. The 2018 bottom formed in December. If history rhymes, October to November becomes the most important window of 2026.
Peter Brandt called a high $40,000s bottom around October. The monthly chart says the MA50 at $60,763 is the line that matters most.
One of them is right. The MA50 holding or failing will answer which one.
The bullish case is building quietly.
The Iran peace deal easing macro pressure. ISM data due today. The Clarity Act bipartisan compromise within days of the White House. BlackRock and Franklin Templeton publicly pushing for passage. Ethereum weekly MACD flashing the same signal that preceded every major ETH rally of the last 3 years.
Support at $57,748. Resistance at $67,252 then $74,000.
This is not a trade setup.
This is a historical accumulation phase on the monthly chart.
Stay patient. Manage your risk.
The chart has been here before.
#Bitcoin #BTC #MonthlyChart #TechnicalAnalysis #CryptoMarket