BIT: FIFA World Cup Could Mark the End of the Bitcoin Bear Market; Bottom Conditions Are Nearly Ripe
Source：
x.com
According to the weekly BIT ON TARGET report (June 12, 2026), Bitcoin’s current bearish trajectory closely aligns with the path forecasted at the beginning of the year. The A-B-C correction pattern is nearing its conclusion: after Wave A declined into the $60,000–$69,000 range, Bitcoin rebounded to the $80,000–$90,000 range, peaking temporarily near $83,000 before upward momentum gradually weakened.
The report notes that the Fear & Greed Index is now approaching a historically critical zone—highly reminiscent of the bottom structure observed during the 2022 bear market. It focuses analysis on three core questions: the key price range where the bear market may end; macro-level catalysts likely to drive the next bull cycle; and the signals required from cyclical indicators to confirm a trend reversal. The report posits that the seasonal lull in trading activity during the summer—coinciding with the World Cup—may mark the final phase of this bear market. This potential bottom could rank among the most temporally concentrated and clearly triggered low points in Bitcoin’s history. The timing window is now opening, and bottoming conditions are nearing maturity.
