The post Bitcoin (USD) Begins New 4-Year Cycle: Analyst Shares Bear Market Expectations appeared on BitcoinEthereumNews.com.

Bitcoin usd has entered a new four-year market cycle in 2025, marking the start of what Rekt Capital identifies as “Candle 1” – the period typically associated with bull market peaks. The cryptocurrency began the year with consecutive green daily candles, trading between $91,000 and $101,000 as it tests key resistance levels. This phase represents the first year in Bitcoin’s new cycle, with 2026 projected as the next bear market period. The timing carries extra weight as Bitcoin attempts to break above $101,000, a level Rekt Capital notes requires a daily close and successful retest for confirmation. Early December price action showed how such technical confirmations opened paths to mid-$100,000 levels, creating a blueprint for potential moves in the coming weeks. Bitcoin usd current price action and support levels The $93,200 level has emerged as Bitcoin’s foundation across multiple timeframes, according to Rekt Capital’s analysis. This price point acted as resistance in Q4 2024, but Q1 2025 has transformed it into support. When examining recent market behavior, this level provided a base during Bitcoin’s 15% pullback, proving its strength across daily, weekly, and quarterly charts. – Advertisement – Looking at current trading ranges, Bitcoin USD moves between $91,000 and $101,000, with the black resistance level at $101,000 requiring special attention. For traders seeking confirmation of an upward break, Rekt Capital explains that two events must occur: first, a daily close above $101,000, and second, a successful retest of this level as new support. This pattern mirrors December’s price action, when similar technical confirmations preceded moves into higher ranges. A key feature of the present market structure is how $93,200 connects different timeframes. On quarterly charts, it marks a transition from resistance to support. On monthly charts, it provides a foundation for recent price action. Weekly charts show it helped stop…

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Filed under: News - @ January 8, 2025 1:20 am