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Crypto

Bitcoin cycle low may have formed around $58,000, analysis says

An analysis suggested bitcoin may have already formed this cycle’s low around $58,000 after the market absorbed heavy selling pressure through two capitulation phases. Bitcoin hit a record high above $126,000 in October 2025 and recently traded around $77,400, about 39 percent below the peak. Some traders still see a possible additional low in October 2026 based on the four-year cycle, while analysts argue cost basis and profit-and-loss metrics matter more than dates.

Crypto

Bitcoin short-term holders stay in profit for 30 days; CryptoQuant calls it bull-market return signal

Bitcoin short-term holders have stayed in profit for about 30 days, raising the possibility of a shift to a bullish market, an analysis showed. CryptoQuant described the trend as a key signal for a long-term uptrend to return in this cycle. As of Sept. 15, $168.2 billion of short-term holdings were in profit and $102.6 billion were below cost. Other on-chain indicators, including SOPR, also point to improving conditions.

Crypto

Bitcoin posts strongest oversold signal since 2020; is $70,000 next?

Bitcoin is showing its strongest oversold signal since the March 2020 COVID-19 market shock, drawing renewed attention to a possible rebound toward $70,000. Its daily relative strength index fell to about 15.5, well below the 30 level often seen as oversold. The signal follows a roughly 30 percent decline over the past month. Markets are focused on whether $60,000 holds, with upside seen near the 20-day exponential moving average at $70,650.