Bitcoin Bear Market Enters Final Stage, A-B-C Correction Completes as BTC Holds $8.3K Peak

BTC1.22%
According to ChainCatcher, analytics firm BIT released its latest weekly report analyzing Bitcoin's bear market cycle. The report confirms the A-B-C correction structure predicted in early February 2026 has entered its final phase. Bitcoin fell to the $60,000–$69,000 range in the A wave, then rebounded to $80,000–$90,000 and peaked near $83,000, with momentum gradually weakening thereafter. BIT noted that the Fear and Greed Index is approaching historically significant lows similar to the 2022 bear market bottom. The firm maintains its view that the summer trading season during the 2026 FIFA World Cup window may mark the end of the current bear market cycle.
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