Bitcoin&#8217;s recent break above $70,000 is leading to questions of whether this 
is the start of a new impulsive leg higher or just another stop in a longer 
bottoming process. Crypto analyst CrypFlow, posting on X, laid out a technical 
case for why Bitcoin may be in the early stages of forming a major cycle 
bottom and why October 2026 could mark the launchpad for the next full-scale 
bull run. The analysis is based on multi-year trendlines, cycle behavior, and 
the Stochastic RSI indicator. Bitcoin Is Respecting Trendline That Has Held 
Since 2018 Technical analysis of Bitcoin&#8217;s price action on the monthly 
timeframe shows that the leading cryptocurrency&#8217;s price action is still 
respecting a multi-year trendline that has quietly shaped Bitcoin’s biggest 
cycle lows. That ascending trendline connects the 2018 cycle bottom with the 
2022 bottom and now appears to be acting as support again in 2026. Bitcoin’s 
current position is now sitting right on top of that structure. Related 
Reading: Bitcoin Just Flashed Death Cross That Has Led To Previous Bottoms, 
But What’s The Target? CrypFlow also pointed to a major horizontal zone that 
previously acted as resistance around the 2021 cycle top. That old ceiling 
around $69,000 is now being tested as support in the current price action. 
That kind of role reversal is very important for Bitcoin&#8217;s price action, 
because it shows the cryptocurrency may be trying to build a base at the 
intersection of that old resistance band and the rising trendline. If Bitcoin 
manages to stay above the current zone near $69,000 without falling to the 
$50,000 region, it would mirror the structure seen at the 2022 bottom. That 
low formed at a similar confluence where the rising trendline met the previous 
cycle’s resistance from the 2017 peak. Timeline For A New Bull Run Price 
levels get all the attention. Time gets almost none, and according to 
CrypFlow, that is precisely where most people are getting this cycle wrong. 
The analyst pointed to the Stochastic RSI to track how long this indicator has 
spent below the zero line during each major bear market cycle, and the 
historical pattern is striking in its consistency. Related Reading: Analyst 
Says It’s Time For Bitcoin, But What’s Important About $58,000? In the 
2018/2019 cycle, the Stochastic RSI spent approximately 365 days below zero 
before Bitcoin mounted its real reversal and the next bull market began. The 
same held true in the 2022/2023 bear market cycle, where Bitcoin spent roughly 
one full year below zero before the sustained recovery kicked in. This cycle, 
however, Bitcoin&#8217;s Stochastic RSI has only been below zero for around 120 
days. Putting it all together, this opens up a scenario where Bitcoin forms a 
double bottom later this year, likely around October 2026, before the next 
major bull run begins. This doesn&#8217;t necessarily mean Bitcoin is about to crash 
further. What it does suggest, according to CrypFlow, is that the price action 
hasn&#8217;t completed the slow, grinding work that true cycle bottoms are built on. 
Featured image from Pngtree, chart from Tradingview.com

Analyst Shares Timeline For When A New Bitcoin Bull Run Will Begin This Year

The penalty underscores the critical need for robust system safeguards to 
prevent costly disruptions in financial markets.
The post NYSE hit with $9 million SEC penalty over 2023 market disruption 
appeared first on Crypto Briefing.

NYSE hit with $9 million SEC penalty over 2023 market disruption

The bill legally formalizes oversight over Pakistan&#8217;s crypto industry, 
sanctions compliance and anti-money laundering regulations.

Pakistan’s parliament passes the Virtual Assets Act of 2026

Solana price has confirmed a range-high deviation near the $90.89 resistance 
level, signaling weakening bullish momentum.

Solana price deviates range-high resistance as capitulation risk grows

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