On the weekly timeframe, $BTC is currently facing a strong resistance area of 73,700–76,600, which is not easy to break. We need a weekly close above this zone to shift the trend back to bullish.

For now, the market structure still leans bearish.
Looking at historical cycles, bear markets typically last around a year, and the current phase may not be fully complete yet. Based on this, October could be a potential timing for the bottom.
2014: ~85% drop
2018: ~84% drop
2022: ~77% drop
2026 Prediction: A 65% drop from the $126K peak puts us exactly in that $40,000 - $44,000 sweet spot.
We are in the middle of a serious, prolonged correction, and the bottom is likely still many months away.
DYOR, NFA
#Bitcoin