Analyst Says Bitcoin’s $60K Dip Marked Cycle Low

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3 signals converged at the February low: weekly RSI at a 4-year low, the sentiment index at its worst, and BTC retesting the 2021 cycle high.

Popular crypto analyst Ash Crypto has said that Bitcoin’s drop to around $60,000 in February 2026 was the bottom of the current market cycle, based on a pattern he says has played out precisely across the past two cycles.

If he’s right, the king cryptocurrency may already be in the early stages of a new leg higher.

The 23-Month Pattern Behind the Call
Ash Crypto’s argument is simple:

“Each cycle, BTC has made a new ATH,” he wrote on X. “And the bottom happened exactly 23 months after making a new ATH.”

To back his theory, he went back to January 2017 when BTC hit an all-time high. This was followed 23 months later by a cycle low in December 2018.

The same thing happened in the cycle after that, the analyst said. BTC hit its peak in December 2020, and 23 months later, in November 2022, it bottomed.


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