BTCUSD: Bullish short term but far from Cycle bottom.

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BTCUSD: Bullish short term but far from Cycle bottom.BitcoinCRYPTO:BTCUSDInvestingScopeBitcoin is bullish on its 1D technical outlook (RSI = 61.821, MACD = 1486, 600, ADX = 33.945) but this is only a temporary reaction to the short term counter trend rally. Such rallies are very common during Bear Cycles and in fact are one of the strongest. BTC's 15 year 2W chart shows that Bear Cycles bottom are priced in when the price breaks above the LH trendline and the MACD histogram turns green. In the past 2 Cycles roughly 100 weeks passed between the breakouts. This indicates that the new breakout should take place end of September-beginning of October 2026. And it should be close to the 2W MA200, i.e. hit at least $50,000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##