Bitcoin News

Story: Bitcoin Bottom May Be Forming as Analyst Predicts Final Bullish Leg Before Year-End

By MikeT

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Volatility and Leverage Shakes the Market. The analyst’s comments came shortly after another billion-dollar liquidation event, the latest in…

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The Timing Window for Bitcoin’s Cycle Low. Mayne’s current thesis is grounded in cycle theory, a concept that maps Bitcoin’s performance to a…

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Gold’s Rally Could Foreshadow Bitcoin’s Next Move. Interestingly, Mayne drew a connection between gold’s strength and potential Bitcoin upside.

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No Blow-Off Top Yet — More Upside Energy Left. A key part of Mayne’s reasoning is the absence of a “blow-off top”—a sharp, euphoric spike…

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November’s Early Low Could Define the Month. Mayne also looked at seasonal and structural patterns, noting that Bitcoin often sets its monthly…

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Acknowledging Bearish Risks. Despite his optimistic outlook, Mayne remains cautious.

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The Macro Picture: US Dollar and 2026 Outlook. Looking beyond the next few months, Mayne highlighted the US dollar index (DXY) as a major macro…

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Final Outlook: Watch for Confirmation. In the near term, the next few days could be critical for Bitcoin.

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Bitcoin’s recent selloff has shaken investor confidence, but veteran trader Trader Mayne believes the current dip could mark a critical cycle low before another major move higher.

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Speaking in a video update on November 5, Mayne reaffirmed his stance: “I’ve been banging on the drum about the high not being in.

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Mayne noted that speculative behavior quickly returned even after the wipeout. “People were right back on with the leverage,” he said, pointing out that many traders continue to…

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He pinpointed a narrow timing window—until mid-November (around November 10)—for this potential low to form.

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“If we get time and space away from this low and reclaim the monthly open, I’ll treat this decline as exhausted,” he said.

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Interestingly, Mayne drew a connection between gold’s strength and potential Bitcoin upside. Historically, gold tends to rally first, followed by Bitcoin 60 to 90 days later.

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With gold’s current uptrend now roughly three months old, he believes the timing aligns perfectly for Bitcoin to begin its next bullish phase.

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