BTC could bottom in October if past patterns repeat, analyst says

Bitcoin could form a market bottom in October if it follows historical patterns, according to an analysis by crypto influencer Ash Crypto. Posting on X, he explained that in previous cycles, BTC has typically bottomed out approximately 11 months after its monthly MACD confirmed a dead cross. The current cycle is seven months past this signal. If this pattern holds, BTC could reach its low around October of this year, a timing that would align with the four-year cycle preceding the next bull market. However, he cautioned that this analysis is based on past cycles and that actual market movements could vary depending on macroeconomic conditions and shifts in supply and demand.