Bitcoin Bear Market May End by September as $64K Resistance Holds
Analysts predict a Bitcoin bull market could begin as early as September while US-Iran tensions pushed BTC lower from the $64,000 level.
Bitcoin faced fresh selling pressure this week as escalating US-Iran tensions rattled risk assets, pulling the cryptocurrency back from a key resistance zone near $64,000 that bulls have struggled to decisively crack. The geopolitical flare-up added a macro headwind to an already cautious market, reinforcing the ceiling that sellers have defended in recent sessions.
Despite the near-term turbulence, some market analysts are pointing to a potentially significant turning point on the horizon. Price analysis circulating this week suggests the current bear market phase could conclude within roughly three months, placing a possible bull market re-entry as early as September — a timeline that would align with historical Bitcoin cycle patterns heading into the next halving era.
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The $64,000 level has emerged as a critical battleground. Each attempt by buyers to push through that threshold has been met with resistance, and the latest retreat underscores how much work remains before Bitcoin can establish that price as durable support rather than a ceiling. Traders are watching closely to see whether weakening macro sentiment or a shift in geopolitical stability could tip the balance in either direction.
For long-term investors, the September bull market thesis offers a measure of optimism, but analysts caution that external shocks — including any further deterioration in US-Iran relations — could delay or disrupt that trajectory. Bitcoin's sensitivity to global risk-off moves remains a wildcard that technical models alone cannot fully account for.
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