BTC 2018 Bear Market Bottom
Bitcoin's 2026 price action mirrors the 2018 bear market structure, suggesting a market bottom will occur by October before a potential recovery
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Michael van de Poppe explained that Bitcoin often sees a pullback on the last trading day of the month, even when broader market strength remains intact. He views the current retracement as a normal range-bound move, advising investors to accumulate during weakness, stay patient, and avoid overreacting to short-term volatility."
"While traders are mostly curious about whether Bitcoin has reached its bottom yet, it is important to note that the crossover between the STH and LTH cost basis does not mean Bitcoin has already found its bottom or that a new bull market has begun. Rather, the onchain metric suggests that the market could be entering the final stage of the current bear cycle."
"Bitcoin's current bear market continues to closely resemble the 2018 cycle from a structural standpoint, even as macro conditions more closely resemble the 2019-2020 period. Cowen pointed to several similarities between the two cycles, including a February low, a higher low in late March or early April, a lower high in May and a sweep of the February lows in late June or early July."
"The analyst expects BTC could rally toward the bear market resistance band through late July before giving back those gains during August, like previous bear market rallies in 2018 and 2022."