Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Gaming
  • Legal
    • Legal and Regulatory
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Exchange Tool
What's Hot

CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report

October 1, 2026

Can Ethereum Rally If US ISM Moves Toward 60?

October 1, 2026

Cobalt Announcement Sparks Interest in Base Ecosystem

October 1, 2026
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Free.cc (Free Cryptocurrency)Free.cc (Free Cryptocurrency)
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    Citi Raises 12-Month Target to $113K, ETH

    October 1, 2026

    Bitcoin (BTC) Bull Market Maintains 90 Score but Flashes Fatigue After $87,400 Peak

    October 1, 2026

    MetaMask exits Ethereum validators after attacker diverts staking rewards

    October 1, 2026

    Bitcoin Privacy Breakthrough A Zcash Killer?

    October 1, 2026

    Ethereum beats Bitcoin by 42.71% in Q3 – Can ETH do it again?

    October 1, 2026

    Crypto Market Cap Breakout Signals End of 2026 Accumulation

    September 30, 2026

    Arthur Hayes calls Ethereum to $10K by end of year – Can ETH hit this target?

    September 30, 2026

    BitMine adds 17K ETH as Ethereum eyes a Q4 breakout against Bitcoin

    September 30, 2026

    Senate Probe Finds Iran Using Tether’s Stablecoin to Bypass Sanctions and Fund Proxies Like Hezbollah: Report

    October 1, 2026

    Hedera’s $0.102 support: The line that can spark a 31% rally

    October 1, 2026

    Solana Validator Codebase Tag v2.1.0 Released On Testnet

    October 1, 2026

    Ether.Fi: How whale buying could extend ETHFI’s 10% price rally

    October 1, 2026

    Thinking Cat Gains Momentum After CASHCAT’s Breakout

    August 12, 2026

    What Tokens Could He Target?

    July 30, 2026

    The Next Meme Coin Winner Could Be Determined by Incentives, Not Memes

    July 30, 2026

    Why Is BOME’s Price Up Today? Finally, Capital Rotating to the Meme Coins?

    July 28, 2026

    CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report

    October 1, 2026

    Can Ethereum Rally If US ISM Moves Toward 60?

    October 1, 2026

    Cobalt Announcement Sparks Interest in Base Ecosystem

    October 1, 2026

    NEAR Intents Bug Sends $3.8M Racing Across Crypto Networks

    October 1, 2026
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Cobalt Announcement Sparks Interest in Base Ecosystem

    October 1, 2026

    Oracle ties tokenized payments to Swift’s 11,500-bank network

    October 1, 2026

    Ethereum Dominates Euro Stablecoins Market as Cap Hits $900M

    October 1, 2026

    Chainlink connects banks to Swift blockchain ledger

    October 1, 2026

    NEAR Intents Bug Sends $3.8M Racing Across Crypto Networks

    October 1, 2026

    Bitget Hackers Were Inside the Exchange for 25 Days Before $388M Heist

    September 30, 2026

    Bitget Restarts Bitcoin Withdrawals Following $387.5m Wallet Breach

    September 28, 2026

    Scammers Launch Fake ETH L2 to Steal $2M From Crypto Traders

    September 28, 2026

    CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report

    October 1, 2026

    Can Ethereum Rally If US ISM Moves Toward 60?

    October 1, 2026

    Cobalt Announcement Sparks Interest in Base Ecosystem

    October 1, 2026

    NEAR Intents Bug Sends $3.8M Racing Across Crypto Networks

    October 1, 2026
  • Web 3
    1. Gaming
    2. View All

    Top 12 NFT games every player should know about in August 2026

    September 22, 2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    September 22, 2026

    Proof of Play to shut down after blockchain gaming thesis falls short

    September 22, 2026

    How BC.GAME is turning players into stakeholders

    September 22, 2026

    CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report

    October 1, 2026

    Can Ethereum Rally If US ISM Moves Toward 60?

    October 1, 2026

    Cobalt Announcement Sparks Interest in Base Ecosystem

    October 1, 2026

    NEAR Intents Bug Sends $3.8M Racing Across Crypto Networks

    October 1, 2026
  • Legal
    1. Legal and Regulatory
    2. Adoption
    3. View All

    CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report

    October 1, 2026

    states can file before finishing rules

    October 1, 2026

    Greece becomes 27th of 30 EEA states with Greek MiCA CASP entries

    October 1, 2026

    U.S. CFTC seeks event contract definitions that may defy states’ gambling claims

    October 1, 2026

    Ripple’s biggest institutional bet may now be Brazil

    October 1, 2026

    Japan’s biggest payment network opens its doors for crypto via Binance Pay

    October 1, 2026

    Brazil’s largest energy giant tests Cardano to fix carbon double-counting

    October 1, 2026

    Stablecoin cards enter ‘hyper growth’ mode as monthly spending hits record $1.17 billion

    September 30, 2026

    CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report

    October 1, 2026

    Can Ethereum Rally If US ISM Moves Toward 60?

    October 1, 2026

    Cobalt Announcement Sparks Interest in Base Ecosystem

    October 1, 2026

    NEAR Intents Bug Sends $3.8M Racing Across Crypto Networks

    October 1, 2026
  • Analysis

    Can Ethereum Rally If US ISM Moves Toward 60?

    October 1, 2026

    Bitcoin Price Faces $90,000 Wall as Whale Orders Stack Up—Here’s What’s Next

    October 1, 2026

    Stacks Price Surges 28% as Muneeb Ali Returns — Can STX Break $0.40?

    October 1, 2026

    Quant Price Surges 5X in Days as Founder Wallet Moves $6.97M QNT — Can QNT Break $400?

    October 1, 2026

    Bitcoin enters its best season after a 43% surge, with $147,000 suddenly on the math

    October 1, 2026
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Is Robinhood Chain? The Ethereum Layer-2 Network for Tokenized Stocks

    July 12, 2026

    What Is BChat? The Decentralized Messaging App Built for Privacy

    June 2, 2026

    What Is an AI Prompt Injection Attack? The Hidden Threat Hijacking Your Chatbots

    May 31, 2026

    What Is AI Jailbreaking? A Beginner’s Guide to the Cat-and-Mouse Game Behind Every Chatbot

    May 17, 2026

    Binance Funding Account ends direct crypto deposits

    October 1, 2026

    Coinbase just completed its US derivatives stack but its biggest bet still sits outside it

    September 30, 2026

    Bitget had 30 minutes to contain its hack before $290 million started moving

    September 30, 2026

    Bitcoin withdrawals open at Bitget as futures trade

    September 29, 2026

    CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report

    October 1, 2026

    Can Ethereum Rally If US ISM Moves Toward 60?

    October 1, 2026

    Cobalt Announcement Sparks Interest in Base Ecosystem

    October 1, 2026

    NEAR Intents Bug Sends $3.8M Racing Across Crypto Networks

    October 1, 2026
  • Tools
    • Market Overview
    • Exchange Tool
Free.cc (Free Cryptocurrency)Free.cc (Free Cryptocurrency)
Home»Bitcoin»Support at $59,000 Could Decide the Next Move
Bitcoin

Support at $59,000 Could Decide the Next Move

July 27, 2026No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin remains in a bear market but may be entering its final stretch, according to a chart analyst tracking the cryptocurrency’s historical four-year cycle, with a possible bottom forming as soon as October.

A Cycle Bitcoin Has Followed Before

Bitcoin has historically moved through roughly one year of bear market followed by three years of bull market, based on patterns dating back to prior cycles. The current downturn began after Bitcoin’s October 2025 high, putting the cryptocurrency roughly on track to enter its final quarter of decline, the analyst said.

Bitcoin has already reached the full $66,230 to $76,640 resistance zone for Q3, a level the analyst had flagged in advance as the ceiling for this stage of the cycle. A rejection from resistance could open a path down toward $56,500, then $44,000, with $39,000 identified as a further downside target if selling accelerates.

Add Coinpedia as a trusted source in Google News

Near-Term Levels to Watch

On shorter timeframes, Bitcoin was rejected near $66,300 in mid-July before breaking below a rising trend line, which now sits near $65,300 and could act as resistance going forward. Near-term support sits in a zone between $59,369 and $62,533, the analyst says, describing this as the key area to watch heading into the weekly close.

A separate resistance band between $64,922 and $66,227 is also being tracked as a ceiling for any short-term bounce, based on Fibonacci retracement levels drawn from the recent high.

Seasonal Patterns Point to a Volatile August

Seasonality data reviewed by the analyst shows that August and September have historically been weak months for Bitcoin during past bear market years, including 2014, 2018, and 2022, while July has typically been the strongest month of any bear market year. In 2022, Bitcoin extended gains into mid-August before reversing, a pattern the analyst said could repeat, though he warned it isn’t a scenario he would trade aggressively.

See also  XRP Fans Want $1,000, Analysts See $30 — But Franklin Templeton Says One Missing Variable Will Decide the Real Price

A Separate Timing Model Points to October

A separate cycle-tracking tool used by the analyst identifies a dominant 260-day rhythm in Bitcoin’s price action. That model correctly flagged a cycle top forming in late May, which was followed by the current selloff. Based on that same rhythm, the tool points to a possible major low forming around October this year, with a margin of two to four weeks in either direction.

The analyst stressed that both the seasonal and cycle-based tools describe general tendencies rather than precise forecasts, and that no method can guarantee exactly when or where Bitcoin’s bear market will conclude.

Was this writing helpful?

Tell us why!

Share this insight with your network!

Story Ends Here

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

See also  Chamath Palihapitiya Says Bitcoin Could Reach $1.14 Million as Halving Cycle Repeats

Read the Next News

Decide Move support
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Citi Raises 12-Month Target to $113K, ETH

October 1, 2026

Bitcoin (BTC) Bull Market Maintains 90 Score but Flashes Fatigue After $87,400 Peak

October 1, 2026

MetaMask exits Ethereum validators after attacker diverts staking rewards

October 1, 2026

Hedera’s $0.102 support: The line that can spark a 31% rally

October 1, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Malicious PyPI Package Exposes Crypto Wallets to Infostealer Code

September 16, 2025

Previewing Consensus’ Policy Summit: State of Crypto

April 22, 2026

Stay ahead with the latest crypto news, market updates, blockchain insights, and trends. Your trusted source for everything happening in the digital asset world.


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report

October 1, 2026

Can Ethereum Rally If US ISM Moves Toward 60?

October 1, 2026

Cobalt Announcement Sparks Interest in Base Ecosystem

October 1, 2026
Get Informed

Subscribe to Updates

Get the latest creative news From Free.cc directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2026 free.cc - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.