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What’s Next After Bitcoin Hits $80,500: Why This Is Not the End of the Bear Market
According to market analysis, Bitcoin (BTC) has formed a critical support level around $80,500 during this downward cycle. From the current quote of 90.69K, this defensive line has indeed played an important technical support role, marking a boundary for short-term declines.
**The Dual Significance of $80,500**
This price point holds symbolic significance in this bear market—it may represent a mid-term important low, or even the lowest point of the cycle. BTC’s rebound energy has been fully released here, and signs of momentum are emerging. However, from a deeper time cycle perspective, confirming this low does not mean the bear market pattern has been completely reversed.
**The True Rhythm of the Bear Market**
This bear market has been ongoing for over three months since its inception, and the market generally expects this correction to continue for another 3 to 4 months. This prolonged sideways bear trend is fundamentally different from a quick V-shaped reversal—it suggests that while prices may stabilize at low levels, confirming a directional trend will require time to accumulate.
**Practical Implications for Holders**
From a spot holding perspective, establishing a position near the support level of $80,500 and holding until the next bull cycle’s peak remains a relatively prudent strategy. The key is to manage risk with clear entry and exit plans, rather than blindly chasing highs or panicking into sell-offs.
From a cycle perspective, BTC’s current stage is neither the end of the bear market nor the start of a reversal—it is a period of energy accumulation.