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Analyst sees brief chance for Bitcoin below $60K; XRP likely to follow Bitcoin's market moves.

Analyst Insights
03 Aug 2026
Dailycoin
View Source
Neutral
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Analyst Levi Rietveld highlights Bitcoin's historical market cycles, suggesting a possible short window to buy Bitcoin below $60,000 based on recurring bull and bear phases around halving events. He notes Bitcoin's bull markets have lasted up to 35 months followed by roughly 12-month bear markets, with the current downturn about 10 months in, indicating potential for a near-term recovery. While XRP shows less consistent patterns, it is expected to follow Bitcoin's broader market direction, meaning a Bitcoin-led downturn could also impact XRP and XLM. Investors should note these are historical patterns, not guarantees, and external factors could alter future cycles.

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