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BIT: FIFA World Cup may mark the end of the Bitcoin bear market, with bottom conditions nearing maturity
Deep Tide TechFlow News, June 12, according to the BIT ON TARGET weekly report (June 12, 2026), shows that Bitcoin's current bear market trend is highly consistent with the predicted path at the beginning of the year. The A-B-C correction structure has entered its final stage: after Wave A declines to the $60,000–$69,000 range, Bitcoin rebounds to the $80,000–$90,000 range, peaking around $83,000, then the rebound momentum gradually weakens.
The report points out that the current fear and greed index is approaching a key historical zone, closely resembling the bottom structure of the 2022 bear market. The report focuses on three core issues: the key price range where the bear market may end, macro catalysts expected to drive the next bull market, and signals needed from cycle indicators to confirm trend reversal. The report believes that the summer trading lull during the World Cup may mark the end of this round of bear market, and the bottom of this cycle could become one of the more concentrated time windows in Bitcoin's history with relatively clear trigger conditions. Currently, the window is opening, and the bottom conditions are nearing maturity.