Veteran Analyst Eyes $53,000 Bitcoin As Final Cycle Stage Begins
Veteran analyst Bob Loukas believes Bitcoin has entered the final stage of its four-year cycle and expects potential further downside to $53,000 before a durable bottom forms, though he has begun cautiously reaccumulating at $65,000 after a 3.5-year absence from buying. His base case targets a cycle low around October-November, with only a 25% probability of an earlier double-bottom formation.

