BTCUSD: We are exactly halfway through the Bear Cycle.

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BTCUSD: We are exactly halfway through the Bear Cycle.BitcoinCRYPTO:BTCUSDInvestingScopeBitcoin remains extremely bearish on its 1W technical outlook (RSI = 36.027, MACD = -9332.300, ADX = 26.249) despite the consolidation of the past 2 months. One would assume that would make the market neutral but being in a Bear Cycle, this consolidation is simply an accumulation period for sellers. This week also marked the price completing its first half according to the 1-year duration model of the previous two. Even the 2014 Cycle which was 2 months longer, displayed similar behavior. A consolidation period before the half and then strong decline in the 2nd half. The 1W MA200 didn't support last Cycle even though it did the two before that, so it is highly likely to break. Whatever the circumstances, this highly accurate model tells us when we should start getting ready to buy again for the long term (and that would be close to October 2026) and not particularly the exact price. And being halfway through a Bear Cycle, is never an optimal time to buy. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##