Analyst Suggests Bitcoin May Have Reached Cycle Bottom

2026-09-25

Onchain analyst James Check indicates that Bitcoin may have already experienced its cycle bottom near $58,000. He advises against fixating on a potential October low.

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Onchain analyst James Check suggests Bitcoin may have reached its cycle bottom near $58,000 following two instances of market capitulation. He advises against expecting a repeat of a previous October low.

Key facts

James Check suggests Bitcoin may have already reached its cycle bottom.
The estimated cycle bottom is around $58,000.
This assessment follows two instances of capitulation within the market.
Market participants are advised against fixating on a potential October low.

Source: CoinTelegraph

Reported by VERA Newswire.