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via Cointelegraph · By Cointelegraph Staff

Bitcoin Four-Year Cycle 'Normal' Says Trader as BTC Hits Bottom Zone

BTC

BTC/USDT

$63,042.04

+0.55%

$63,042.04

+0.55%

(24s)

24h Volume

$12,677,627,645.89

24h H/L

$63,419.27 / $62,316.44

Change: $1,102.83 (1.77%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,056.75

▲ 0.16%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,265.44

Resistance 1$63,959.82

Price$63,056.75

Support 1$61,831.44

Support 2$59,130.91

Support 3$52,679.32

Pivot (PP):$62,930.82

Trend:Downtrend

RSI (14):35.4

Cointelegraph Staff

(12:25 PM UTC)

1 min read

Verified byDavid Kim

780 views

0 comments

Bitcoin (BTC) should see new all-time highs in 2028, a trader says as $53,000 becomes an important buy-in level.

Key points:

Bitcoin is in "as normal a four-year cycle as they come," says Bob Loukas as the timing for a bear-market bottom approaches.
The cycle midpoint at $53,000 would be an advantageous market entry if price gets there.
Uncertainty rules among market participants as question marks…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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