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BTC Cycle Update on the 1-Month TF [the most important]
This is its 5th cycle.
1. The 2nd cycle (2015) and 3rd cycle (2018) lows were supported by the yellow line — refer to the yellow circles.
2. The 4th cycle (2022) low made an additional leg down due to FTX and hit the orange line (we can call this a deviation).
3. The 5th cycle (2026) low is supported by the same yellow line.
BTC is at monthly TF (regular cycle-level) support near the $59k–$60k range. The lower support is at $45k only if there is a clean breakdown (ideally, monthly close below the $59k range).
#BTC $BTC #Bitcoin #Crypto