Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin likely hasn't hit its market bottom yet, says analyst following historical four-year cycle.

Market News
26 May 2026
Blockonomi
View Source
Neutral
pluang ai news

Analyst Benjamin Cowen says Bitcoin is still following its historical four-year market cycle and has not reached its final bottom yet. Despite a recent rebound to $82,800, Bitcoin stalled near the 200-day moving average, similar to patterns seen in 2018 and 2022 before further declines. Cowen expects Bitcoin to remain under pressure until later in the year, possibly dropping below $60,000 before forming a stronger base. However, some analysts remain bullish, predicting a rally above $90,000 in June, creating a split outlook for Bitcoin's near-term direction.

More News

Moment Factory and Mitsui Fudosan partner to create immersive Pokémon experience debuting in Europe 2027

Moment Factory and Mitsui Fudosan partner to create immersive Pokémon experience debuting in Europe 2027

Moment Factory and Mitsui Fudosan have formed a long-term strategic partnership to develop large-scale immersive fan experiences, including a new Pokémon attraction set to launch in Europe in spring 2027. This collaboration combines Moment Factory's ...

Company Fundamentals
Bullish
44 minutes ago
FCCE to buy Amiral Gestion's 6.38% stake in Installux at €500/share, plans simplified takeover bid.

FCCE to buy Amiral Gestion's 6.38% stake in Installux at €500/share, plans simplified takeover bid.

FCCE, the majority shareholder of Installux, has agreed to acquire 6.38% of Installux shares from Amiral Gestion at €500 per share, totaling €8.93 million. Following this acquisition, FCCE will hold 87.45% of Installux's capital and voting rights. FC...

Company Fundamentals
Bullish
44 minutes ago
Toll Brothers launches new luxury home community in Ashburn, Virginia, with homes starting in the upper $700,000s.

Toll Brothers launches new luxury home community in Ashburn, Virginia, with homes starting in the upper $700,000s.

Toll Brothers announced a new luxury home community called Toll Brothers at West Park in Ashburn, Virginia, located in the Brambleton neighborhood. The community will feature modern single-family homes with 3 to 5 bedrooms, up to 3,300 square feet, a...

Company Fundamentals
Bullish
46 minutes ago
Nasdaq 100 hits record above 30,000 as Micron rallies 18%, driven by AI demand.

Nasdaq 100 hits record above 30,000 as Micron rallies 18%, driven by AI demand.

The Nasdaq 100 index surpassed 30,000 points during Tuesday's session, led by a strong rally in semiconductor stocks, especially Micron Technology which surged 18%. This rally was fueled by rising expectations for AI-related spending, with UBS raisin...

Market News
Bullish
46 minutes ago
Hyliion stock hits 52-week high after U.S. Navy partnership and strong quarterly results

Hyliion stock hits 52-week high after U.S. Navy partnership and strong quarterly results

Hyliion's stock surged to a 52-week high following its partnership with the U.S. Navy to test its KARNO power system on an autonomous naval vessel. The company reported better-than-expected Q1 results, with revenue of $2.83 million and a smaller loss...

Company Fundamentals
Bullish
51 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App