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The Bitcoin price index on TradingView started trading on October 6, 2009
Bitcoin peaked at October 6, 2025
Exactly 16 years later
We have a 4 year cycle
16 is four 4 year cycles
Yet, there people think there is no way in hell we could be starting a secular bear market – and the local and secular bear markets look this similar
If it successfully breaks through that area, 2.760–2.800 US dollars will be the next resistance test.
On a pullback, I want to see 2.640–2.680 US dollars hold.
A 4-hour close below 2.640 US dollars will weaken this setup.
For now, I am letting that level determine the direction.
Bitcoin peaked at October 6, 2025
Exactly 16 years later
We have a 4 year cycle
16 is four 4 year cycles
Yet, there people think there is no way in hell we could be starting a secular bear market – and the local and secular bear markets look this similar