bitcoin:native Cycle View BTC still looks like it may be in a late-bear / bottoming phase rather than the start of a fresh major bear leg. My base case: Sep–Oct: volatility / possible retest of lows Nov–Dec 2026: highest probability window for the final cycle bottom Q1 2027: more likely for base-building and higher lows, unless macro deteriorates further A Q1 2027 bottom becomes more likely only if we get a real macro shock: more Fed hikes, 30Y yields pushing >5.35–5.50%, oil staying >$100, and labor/credit conditions deteriorating. The key signal won’t be just price. I’d watch for BTC to stop making new lows on bad news, clear leverage, reclaim major moving averages, and start forming a weekly higher-low / higher-high structure. My current bias: late Q4 2026 bottom > Q1 2027 bottom.(Decentrader)