BIT: The Bitcoin bear market adjustment may have entered its final stage, and the World Cup window could become the end of this bear market

By: rootdata|2026/06/12 20:45:02

BIT released the latest weekly report "Will the FIFA World Cup Mark the End of the Bitcoin Bear Market?" The report believes that the current bear market trend of Bitcoin is largely consistent with its outlook for early February 2026. The previously predicted A-B-C correction structure has entered its final stage: after wave A falls to the range of $60,000 to $69,000, Bitcoin rebounds to the range of $80,000 to $90,000, peaking around $83,000 before the rebound momentum gradually weakens.

BIT points out that the current Fear and Greed Index is approaching historically significant low levels, showing some similarity to the bottom structure of the 2022 bear market. It maintains the previous view that the summer trading lull during the 2026 World Cup may mark the final phase of this bear market for Bitcoin. The report states that it will focus on the key price range for the end of the bear market, the macro catalysts for the next bull market, and the trend reversal signals released by cyclical indicators. If the relevant framework holds, this market bottom may become one of the historically concentrated low point areas for Bitcoin, with relatively clear triggering conditions.

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