Joao Wedson: Bitcoin bear market bottoms tend to form around 900 days after halvings

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Bitcoin nears typical bear cycle bottom

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10 hours ago

Joao Wedson: Bitcoin bear market bottoms tend to form around 900 days after halvings — Bitcoin nears typical bear cycle bottom

Joao Wedson observes that the time span between each Bitcoin halving and the bottom of the following bear market has historically been about 900 days.

He notes that the current cycle is at day 827, indicating that Bitcoin could be in the process of forming its price bottom consistent with previous patterns.

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Wedson recently suggested that Bitcoin's price bottom could arrive before the launch of Grand Theft Auto 6, raising the possibility of a shift in crypto market sentiment afterward (Joao Wedson: Bitcoin price bottom may come before GTA 6 launch). He has also warned that $1.4 billion in Bitcoin positions could face liquidation if the price drops to $53,500 (Joao Wedson: $1.4 billion in Bitcoin positions at risk if price falls to $53,500). These views reflect his ongoing focus on key Bitcoin price levels and market shifts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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