Bitcoin: Lack of downtrend, five months—Extreme opportunity buyBitcoin / TetherKUCOIN:BTCUSDTMasterAnandaWe can look at this in two ways: 1) Buy everything below $70,000, as much as you can. Spot trading with no plan needed. Just buy and hold focused on the long-term. 2) The extreme opportunity buy-zone sits in the $58,000 - $68,000 price range, this range can be used for leveraged trading up to 10X. Between $58,000 and $65,000 is perfect for 10X. In this case we would be focusing on the mid-term. A $58,000 low is the same as $60,000. In technical analysis parlance, this is called a double-bottom. $60,000 in February 2026 and $58,000 in June 2026. This is what we have on the chart. Five months of sideways action, a lack of a downtrend. » In just four months, 119 days, Bitcoin crashed from $126,000 to $60,000, a ~50% drop. » In five months, 154 days, Bitcoin crashed from $60,000 to $57,800, a ~7% drop. Here we can clearly see a lack of bearish continuation, no bearish impulse, no downtrend. This is what reveals that the bear market is over based on technical analysis. » In just three months, 90 days, Bitcoin rose from $60,000 to $83,000. So Bitcoin has been sideways all this time after the bearish trend ended and is now moving within the "extreme opportunity buy-zone." These extreme market conditions won't remain available forever, time is running out. Here I am showing clearly that the bear-market is over based on price action and technical analysis. The sideways period has been going longer than the bearish impulse, which means that the bearish chart structure from late last year is no longer valid. Can a new bearish wave develop? Absolutely, but the chart is pointing up. Can a new bear market start now? Yes, but this isn't what the chart is saying nor what is happening. The market moves based on cycles. We get a bull market followed by a bear market. The bear market is a correction of the bullish period. After the correction, we get a new bull market. Bitcoin went through a bull market between November 2022 and October 2025. This bull market was followed by the correction mentioned above. Now that this correction is over, we are seeing a transition period and as the transition reaches its end, market sentiment and conditions change, we experience a new cycle of expansion, long-term growth. We are bullish now... From the bottom up. From the bottom we grow. The best is yet to come. Thanks a lot for the follow! Namaste.