{"id":86105,"date":"2026-04-25T14:48:21","date_gmt":"2026-04-25T14:48:21","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=86105"},"modified":"2026-04-25T14:48:21","modified_gmt":"2026-04-25T14:48:21","slug":"analyst-bitcoins-february-dip-to-60k-marked-cycle-low","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=86105","title":{"rendered":"Analyst: Bitcoin\u2019s February Dip to $60K Marked Cycle Low"},"content":{"rendered":"
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Popular crypto analyst Ash Crypto has said that Bitcoin\u2019s drop to around $60,000 in February 2026 was the bottom of the current market cycle, based on a pattern he says has played out precisely across the past two cycles.<\/p>\n

If he\u2019s right, the king cryptocurrency may already be in the early stages of a new leg higher.<\/p>\n

The 23-Month Pattern Behind the Call<\/h2>\n

Ash Crypto\u2019s argument<\/a> is simple:<\/p>\n

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\u201cEach cycle, BTC has made a new ATH,\u201d he wrote on X. \u201cAnd the bottom happened exactly 23 months after making a new ATH.\u201d<\/p>\n<\/blockquote>\n

To back his theory, he went back to January 2017 when BTC hit an all-time high. This was followed 23 months later by a cycle low in December 2018.<\/p>\n

The same thing happened in the cycle after that, the analyst said. BTC hit its peak in December 2020, and 23 months later, in November 2022, it bottomed.<\/p>\n

\n

\u201cThis cycle, Bitcoin made a new ATH in March 2024. If it goes by history, the bottom has already happened in February 2026 (23 months),\u201d the analyst concluded.<\/p>\n<\/blockquote>\n

This was right around the time BTC touched the $60,000 level, then went back above $70,000.<\/p>\n

The timing alone would be easy to dismiss, but Ash Crypto added three technical signals that all fired during the low earlier in the year. The weekly RSI dropped to a four-year low. The sentiment index hit its worst reading on record. And Bitcoin retested the 2021 cycle high.<\/p>\n

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\u201cAll these things combined have previously marked the bottom for Bitcoin,\u201d he wrote, \u201cand maybe \u2018THIS TIME IT\u2019S NOT DIFFERENT.’\u201d<\/p>\n<\/blockquote>\n

On-chain data from analyst Ali Martinez tells<\/a> a similar story, at least partially. Bitcoin\u2019s Sharpe Ratio collapsed to -43 before recovering to around 20, suggesting that the market absorbed the worst of the selling.<\/p>\n

At the same time, the share of Bitcoin\u2019s realized market cap held by people who bought within the last month has fallen below 7%, which in past cycles has meant retail is largely gone and supply has settled into stronger hands.<\/p>\n

Bears Aren\u2019t Convinced<\/h2>\n

Fellow analyst Ted Pillows is seeing<\/a> things differently. According to him, a small bounce had happened, but he still expected new lows on the higher timeframe.<\/p>\n

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\u201cThat\u2019s often how it works,\u201d he wrote. \u201cTemporary strength pulls people in and ends up becoming exit liquidity.\u201d<\/p>\n<\/blockquote>\n

Bitcoin was trading around $78,500 at the time of writing, and Ash Crypto sees two paths from here: a daily close above $80,000 that could push BTC to $86,000 to $90,000, or a rejection that pulls it back into the $68,000 to $74,000 range.<\/p>\n

Its latest bounce was helped<\/a> along by news of an extended US-Iran ceasefire, which lifted the broader market before fresh tension reports stopped<\/a> the OG crypto just short of $80,000.<\/p>\n

On his part, Martinez has flagged $73,700 as the number to watch. Hold it, and the road to $96,000 stays open. Lose it and the bullish bottom call starts to look shaky, with $55,000 back in the conversation.<\/p>\n

The post Analyst: Bitcoin\u2019s February Dip to $60K Marked Cycle Low<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Popular crypto analyst Ash Crypto has said that Bitcoin\u2019s drop to around $60,000 in February 2026 was the bottom of the current market cycle, based on a pattern he says has played out precisely across the past two cycles. If he\u2019s right, the king cryptocurrency may already be in the early stages of a new […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-86105","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/86105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86105"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/86105\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}