Bitcoin Plunges To $61,000: Where Is The Bottom For BTC?

Bitcoin (CRYPTO: BTC) trades below $61,000 on Wednesday morning, with the final bottom expected to arrive sometime between July and October, according to a prominent analyst.

“BTC Roadmap Continues To Play Out Spot-On”

In a June 9 market update, crypto analyst Kevin pointed to several calls that he believes played out as expected:

  • A January countertrend rally.
  • A short opportunity near $97,000 after key moving averages were lost.
  • A spring relief rally and the current phase of summer weakness.

“The Bitcoin roadmap continues to play out spot-on,” he said.

He believes the market is now entering the final stage of the cycle, where the true bear market low is expected to form.

BTC prices are struggling to hold …

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