DeFi Daily News
Wednesday, August 5, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Markets Crypto Market

rewrite this title Bitcoin Trend That Has Held For 15 Years Shows When To Expect The Bottom And When $400,000 Will Happen

Scott Matherson by Scott Matherson
June 1, 2026
in Crypto Market
0 0
0
rewrite this title Bitcoin Trend That Has Held For 15 Years Shows When To Expect The Bottom And When 0,000 Will Happen
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1200 words and keep HTML tags

Crypto analyst Blade has pointed to a Bitcoin trend that could signal when the leading crypto could find a bottom in this bear market cycle. The analyst also suggested that BTC could rally to as high as $400,000 in the next bull market. 

Bitcoin Trend Which Points To When BTC Could Bottom

In an X post, Blade noted that every BTC cycle has ended the same way, with the trendline on the monthly chart breaking and support getting lost. He noted that when this happens, market participants call for a deeper crash, but that is when Bitcoin finds a bottom, just as it has for 15 years. 

Related Reading

The analyst also mentioned that when Bitcoin finds a bottom, it builds a base and then starts the next leg higher. He remarked that 2026 is starting to look familiar, signaling that a bullish reversal was on the horizon. His accompanying chart showed that BTC could rally to a new high of around $400,000 in this next bull run. The chart also signaled that this target could be reached by 2030. 

Source: Chart from Blade on X

In another X post, Blade said that Bitcoin is getting ready for the final leg. This came as he noted that BTC has been making lower highs for almost a year and, as a result, most people assume the bull run is over. However, he pointed out that the leading crypto remains within the same structure, citing a Megaphone Bottom pattern. The analyst added that point 4 may already be in and that point 5 is now the only target. 

His accompanying chart showed that point 4 is the bottom, with the possibility that Bitcoin may have bottomed at the February low of $60,000. With this, the leading crypto may now be targeting a rally to point 5 at around $160,000, which would mark a new all-time high for BTC. 

A Drop To The Mid $60,000 Range Could Still Be On The Cards

In an X post, crypto analyst Colin signaled that Bitcoin could drop to the mid $60,000 range. He pointed to a Head-and-Shoulders (H&S) top pattern, which he noted is currently retesting the neckline where it broke down from. The analyst added that a rejection from that level would be a strong confirmation of the top pattern. 

Related Reading

Colin declared that Bitcoin is being forced to make a decision and that it should happen within a day or two. He noted that the target is the mid-$60,000 range because a breakdown would simultaneously be a breakdown of the H&S and the channel. Meanwhile, the analyst also pointed to a bear flag that had formed for BTC. 

At the time of writing, the Bitcoin price is trading at around $73,400, down in the last 24 hours, according to data from CoinMarketCap.

Bitcoin
BTC trading at $72,847 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BitcoinbottomexpectHappenheldrewriteshowstitleTrendYears
ShareTweetShare
Previous Post

rewrite this title Binance Adds 7,000 U.S. Stocks as Crypto Exchanges Race to Become Multi-Asset Brokers

Next Post

rewrite this title NVIDIA Wants to Put AI Agents to Work in the Physical World – UC Today

Next Post
rewrite this title NVIDIA Wants to Put AI Agents to Work in the Physical World – UC Today

rewrite this title NVIDIA Wants to Put AI Agents to Work in the Physical World - UC Today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title and make it good for SEOOakmark Fund U.S. Equity Market Q2 2026 Commentary

rewrite this title and make it good for SEOOakmark Fund U.S. Equity Market Q2 2026 Commentary

July 13, 2026
rewrite this title Michael Carrick: Man United have ‘great foundation’ before Arsenal ‘challenge’

rewrite this title Michael Carrick: Man United have ‘great foundation’ before Arsenal ‘challenge’

January 24, 2026
“The Sky Is Falling But I Feel Great Going Forward” – Boston Connor On Patriots Super Bowl Loss

“The Sky Is Falling But I Feel Great Going Forward” – Boston Connor On Patriots Super Bowl Loss

February 9, 2026
rewrite this title JFK Airport Guide – NerdWallet

rewrite this title JFK Airport Guide – NerdWallet

January 17, 2025
rewrite this title “That can’t be Luke, damnn” – Internet reacts to Lauren Graham reuniting with Gilmore Girls co-star Scott Patterson at Hollywood Walk of Fame

rewrite this title “That can’t be Luke, damnn” – Internet reacts to Lauren Graham reuniting with Gilmore Girls co-star Scott Patterson at Hollywood Walk of Fame

October 4, 2025
Jeanine Pirro announces Scam Center Strike Force

Jeanine Pirro announces Scam Center Strike Force

November 12, 2025
rewrite this title SpaceX reveals how Starlink Mobile plans to take on AT&T, Verizon, and T-Mobile

rewrite this title SpaceX reveals how Starlink Mobile plans to take on AT&T, Verizon, and T-Mobile

August 5, 2026
rewrite this title Democrats Move to Block CLARITY Act Due to Stalled Ethics Talks

rewrite this title Democrats Move to Block CLARITY Act Due to Stalled Ethics Talks

August 5, 2026
rewrite this title Locarno Film Festival Head Giona A. Nazzaro Takes On The Algorithm

rewrite this title Locarno Film Festival Head Giona A. Nazzaro Takes On The Algorithm

August 5, 2026
rewrite this title and make it good for SEOTrump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China | Fortune

rewrite this title and make it good for SEOTrump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China | Fortune

August 5, 2026
rewrite this title Deadspin | Rangers’ Ezequiel Duran out to torment Giants again in rubber game

rewrite this title Deadspin | Rangers’ Ezequiel Duran out to torment Giants again in rubber game

August 5, 2026
rewrite this title “This Is Such An Embarrassing Segment”: NBA Fans Rip Nick Wright For Saying LeBron James Should Be “The Logo” Once He Retires 

rewrite this title “This Is Such An Embarrassing Segment”: NBA Fans Rip Nick Wright For Saying LeBron James Should Be “The Logo” Once He Retires 

August 5, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.