Bitcoin monthly: 365 days of bearish action (12 months)

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Bitcoin monthly: 365 days of bearish action (12 months)Bitcoin / Tether USDKRAKEN:BTCUSDTMasterAnandaBitcoin's previous bear market lasted exactly one year, from November 2021 through November 2022. The current bear market is already one year long. From July 2025 through July 2026. 365 days or 12 months of bearish action. Long-term support from 2024 has been confirmed. Challenged twice and both times it holds. First in February 2026 then again now, in June-July. After a full red candle on the monthly timeframe and two months red, Bitcoin is turning green again mid-July. The first half of this month was red; the second half the market is turning green. Bitcoin monthly is trading above the February 2026 ($60,000) wick low. Above this level, hyper-strong bullish potential is active. The same support zone from 2026 was also active in 2024. Eight (8) months Bitcoin tested the current support zone and buyers always showed up. After six months at present levels, the lows from 2024 remain intact. That is, the bulls are winning. With support confirmed, the action should move to resistance next based on candlestick reading, the chart structure, market cycle and technical analysis. This would mean Bitcoin heading for a price tag around $115,000 to $125,000. This would be the minimum price to be reached on the current move based on the bigger picture, the monthly timeframe. Bitcoin is going up. This statement is supported based on the information coming from this chart. Namaste.