source avatarRekt Capital

Share

#BTC The way to think about this is as follows: Bitcoin is currently down -9% If ~$80k is turned into new resistance then there's a good chance of lower prices However -30% pullbacks tend to occur only later in the Bitcoin Cycle (Post-Halving) so such a retrace at this stage in what is most likely an early-stage Bull Run is low probability Which leaves the "more than -10% to less than -25%" retrace mark viable candidates for a local bottom In saying that, historical Pre-Halving retraces in the prior cycle ended around the -22% mark This narrows it down even more to where a local bottom could take place in the vicinity of a "more than -10% to less than -22%" retrace And so provided that Bitcoin is an early-stage Bull Market (and there's a very good chance this is already the case) then anything from -11% to -22% is technically bargain territory And seeing as Bitcoin is down -9% already, that means Bitcoin is pretty much entering the bargain region already The question comes down to how much of a bargain does one want access to and how much risk is one willing to take in waiting for lower prices that may or may not come Dollar cost averaging for the rest of 2026 probably solves for that $BTC #Bitcoin

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.