Bitcoin Cycle Low Theory Gains Momentum Amid Market Volatility

Crypto markets are abuzz with predictions about the future of Bitcoin, and one popular analyst claims to have pinpointed the cycle low.

Ash Crypto, a well-known figure in crypto circles, has made a compelling case for why February's dip to $60,000 marked the bottom of the current market cycle. His argument is based on a pattern that has played out across the past two cycles: each time Bitcoin hits a new all-time high, it drops 23 months later.

According to Ash Crypto's theory, this means that the cycle low occurred in February, just as BTC was touching $60,000. While this may seem like a bold prediction, it is supported by technical signals and on-chain data.