Bitcoin’s Last Cycle Bottom Shows When The Bleed Will End This Time Around

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Ah, the illustrious Ardi-cryptocurrency prophet, or perhaps just a man with a fascination for cycles-has graced us with his musings. He appears to suggest that Bitcoin’s bottom, the true nadir of this vertiginous plunge, may well mirror the cataclysmic conclusion of its last cycle. Oh, joy! As Bitcoin valiantly clings to life amidst the geopolitical clamor of U.S.-Iran tensions, one can’t help but wonder: is this the end of the end, or merely the beginning of another torturous spiral?

Analyst Points To Bitcoin’s Last Cycle Bottom For When This Downtrend Could End

In a moment of cerebral revelation on X (which seems to be the place for modern-day clairvoyants), Ardi revealed an insight that could make even the most jaded crypto fan’s heart skip a beat. Back in the last cycle bottom-brace yourselves-it wasn’t just Bitcoin’s price that found a floor (how quaint), but the Open Interest was ruthlessly obliterated, evaporated into the ether. Leverage was reset to zero, like the cruel fingers of fate swiping away our hopes of quick riches. That, dear reader, was when the ‘real bottom’ began. The analyst suggests that perhaps, just perhaps, history might be repeating itself, for the market has already begun expelling excess leverage-like a party guest who overstays their welcome. But beware, the true bottom, the ‘final chapter,’ doesn’t reveal itself until speculative excess is almost entirely wiped from the face of the Earth. Alas, the stakes are high, and Bitcoin’s open interest still lingers at $43.86 billion, with derivative volume tipping the scales at a gargantuan $87.68 billion. Hopes, as always, are high. It’s only a matter of time.

And then, in the midst of geopolitical tumult, Ardi weighs in on the ongoing war between the U.S. and Iran. His analysis, which can only be described as ‘measured,’ reveals that Bitcoin has already absorbed most of the war’s tumultuous effects. The worst, he claims, is likely behind us-an observation that will no doubt bring a sigh of relief to anyone clutching their Bitcoin with white knuckles. Meanwhile, Bitcoin has been stubbornly navigating a tight range, seemingly indifferent to the world stage’s drama, finding its way to $70,000 earlier this week before meeting an insurmountable psychological barrier. Oh, Bitcoin, you tease!

BTC Could Rally To $80,000 This Month

And yet, the show must go on! Enter Michaël van de Poppe, a name that should now be etched in the annals of cryptocurrency speculation. He predicts Bitcoin could rise to a shocking range between $75,000 and $80,000 this month. Imagine it-an exhilarating ride to the moon, possibly accompanied by champagne and wild celebrations. He also notes that Bitcoin has maintained an impressive position above $65,000, occasionally flirting with the $70,000 mark, only to face more selling pressure at that intoxicating psychological threshold. Such is the life of a crypto enthusiast-forever torn between optimism and the nagging feeling of imminent collapse. But fear not! According to van de Poppe, the breakout that everyone has been praying for could be nigh, especially considering Bitcoin has been so patient in establishing its ‘range’ like a dog waiting for its treat. Who’s a good boy?

And here comes the cavalry! Glassnode’s analyst, Chris Beamish, reports that the long-term holders (LTH) are easing their grip on Bitcoin, after what seems like an eternity of relentless selling. Could it be? The selling pressure might finally be dissipating, and Bitcoin could stabilize-oh, the sweet stability we crave, so rare in this volatile world. Of course, at the time of writing, Bitcoin is sitting comfortably at $67,800, a small but pleasant decline in the last 24 hours. Such is the beauty of crypto-its wild unpredictability is enough to make your head spin.

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2026-03-04 17:42