Frustrating price action in the last 24 hours, I must admit. We were over $106,300 when I woke up this morning. I thought, here we go. Currently retraced the whole mini pump and actually dipped below $103,000.
I do not want to see below $100,000 again in this bull run. Everything is fine but starting to get a tiny bit annoyed that we’ve not started to test new highs. 11 days until we hit Q3 and each bull run seems to end slightly earlier than the previous one so we may have 3-4 months left until the entire cycle top is in?
It could be different this time but I think we will enter a bear market in 2026 so we have 6 months max of the bull run remaining. I want to see us getting going soon.
That 24 hour volatility from dipping under 103K to touching 106.3K is nothing but textbook BTC action. You know, yesterday's mini pump fizzled, however it is still holding above the key 100K support level, a level seen as critical during this bull run, right?
If you are itching for fresh ATH, don't worry just yet, dude. Bitcoin is in a mid cycle consolidation phase, market indicators like realized cap and OBV are signaling accumulation, not exhaustion. Technical setup and forecast models point to a likely breakout towards 130K - 135K in Q3, with the biggest cycle peak possibly not until mid 2026, based on 200 week MA trends.
So your timeline, we may have 3 to 6 months left before peak, but that peak could stretch into next year, is right in line with historical patterns.