Bitcoin Could Be Done Falling This Cycle, Analyst Predicts

Bitcoin (BTC) may have already completed its bear market bottom, despite renewed selling that pushed the OG cryptocurrency toward $75,000 this week. This is according to trader KillaXBT, who believes market structure carries more weight than the seasonal pattern that has often placed BTC’s cycle lows in the fourth quarter. In a post on X, Killa challenged the idea that Bitcoin still needs to establish another low before the current cycle can turn. According to them, regardless of seasonality, the flagship cryptocurrency has always formed three “significant lows” in each cycle.