BIT Report Suggests the FIFA World Cup Could Mark the End of the Bitcoin Bear Market

According to the BIT ON TARGET Weekly Report (June 12, 2026), Bitcoin’s current bear market trajectory closely aligns with the path anticipated at the beginning of the year. The A-B-C corrective structure is nearing its conclusion: after the A-wave decline to the $60,000–$69,000 range, Bitcoin rebounded to the $80,000–$90,000 range, reaching a temporary peak near $83,000, after which the upward momentum gradually weakened. The report notes that the current Fear & Greed Index is approaching a historically significant zone, exhibiting strong structural similarities to the bottom of the 2022 bear market. The analysis centers on three key questions: the critical price range signaling a potential end to the bear market, the macroeconomic catalysts likely to drive the next bull cycle, and the signals required from cycle indicators to confirm a trend reversal. The report suggests that the summer trading lull during the World Cup may mark the final phase of this bear market, with this bottom potentially becoming one of the most clearly defined and time-concentrated low points in Bitcoin’s history. The window for this bottom is now opening, and the conditions for a reversal are nearing maturity.