Bitcoin 23 Bar Theory: What Happens To The BTC Price If The Bottom Is In?

Bitcoin 23 Bar Theory: What Happens To The BTC Price If The Bottom Is In?

Source: NewsBTC

Published:08:30 UTC

BTC Price:$72756.6

#btc #crypto #bullmarket

Analysis

Price Impact

Med

The 23-bar theory is a historical analysis suggesting a pattern for bitcoin bear market bottoms. while it has shown accuracy in past cycles, it's a technical indicator based on past performance, which doesn't guarantee future results. a confirmed bottom could signal a significant upward trend, but external market factors can override such patterns.

Trustworthiness

Med

Price Direction

Bullish

The theory posits that if the pattern holds, the 23-bar cycle has completed, indicating that the bottom is in. this suggests that bitcoin has entered an 'expansion phase' and is poised to begin another bull market, potentially leading to parabolic price increases.

Time Effect

Long

The theory itself is based on analyzing monthly bars, implying a long-term cyclical pattern. the article discusses past bear markets spanning several years (2014, 2018, 2022) and projects this pattern into the future (2026), indicating a long-term perspective.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Over the years, there have been different metrics, technicals, and ways in which investors have tried to predict the Bitcoin price bottom with each bear market. Some of these have reportedly done so with some accuracy, while others have seen a deviation. Recently, a pseudonymous crypto analyst who goes by @cryptocupra on the X (formerly Twitter) platform has shared their own bottom prediction , using a 23-Bar Theory. How Bitcoin Bottoms Go In The Past In the post shared on the social media platform, the crypto analyst explained that there have been 23 bars that have predicted the bottom of each Bitcoin bear cycle. Apparently, these 23 bars have been accurate over the last three cycles, and thus, could end up predicting another bottom this time around. Related Reading Ethereum Ascending Channel Puts Price At $5,700, Analyst Reveals When To Sell 3 days ago The analyst explains this theory using the Bitcoin 1-month chart, showing how many monthly bars it takes until the bottom is in. Going deep into the past, the crypto analyst points out the first iteration of this 23-bar theory taking place back in the 2014 bear market. This 23-month period, approximately 2 years, is shown in the analysis to be an expansion phase, often acting as a launchpad for the price into the next bull market. Counting out the monthly closes, it shows that there was a total of 23 monthly bar closes before the bottom was in. Following this, the Bitcoin price rebounded , and this move inevitably led to the beginning of the next bull market cycle. Then again, the crypto analyst says this repeats itself in the 2018 bull market. Like in 2014, there were a total of 21-23 monthly bars, and once these were complete, the crypto analyst says the bottom was in, and then the next rally began. Source: X The most recent of these iterations was back in the 2022 bear market, where the analyst once again points out this theory. They explain that the Bitcoin price saw the same 23 bars before the bottom was in and the 2024-2025 rally began in the months that followed. Related Reading Recent Developments Show Why The Shiba Inu Price Keeps Crashing 4 days ago Now, in 2026, the analyst believes that this trend is set to repeat itself again. If this is the case, then it means that the bottom is in and that Bitcoin has now entered into an expansion phase within the 23 bars. If this follows, then it could mark the bottom and begin the start of another bull market . According to the crypto analyst, history doesn’t lie, and thus, the BTC price is set to go parabolic again. BTC bulls continue to hold up price | Source: BTCUSD on TradingView.com Featured image from Dall.E, chart from TradingView.com