小龙先生|7月 08, 2026 16:44
BTC is in a wide-range consolidation, gearing up for an even sharper and deeper drop❗️
In the article below, *‘Is $60K Really the True Bottom of Bitcoin’s Bear Market? And Who’s Buying the Dip at $60K?’*, I’ve analyzed from multiple angles that the so-called ‘iron bottom’ near $60K is very likely not the true bottom price of this bear market, but rather a mid-point in the downtrend.
This mid-point is currently undergoing wide-range consolidation: oscillating back and forth between the $58K-$68K range, before eventually starting a one-sided downward trend, with a target price of $52K-$54K.
Right now, I’m leaning toward Bitcoin oscillating three times within the $58K-$68K range before it fully breaks down—this is the most frustrating kind of movement. The fastest scenario would be two oscillations before the drop.
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