Analyst: Bitcoin may bottom out in October, suitable for dollar-cost averaging in the range of $48,000 to $62,000
2026.08.16 14:01:31
Crypto analyst Ali Charts published a post stating that based on Bitcoin’s four-year cycle, he predicts BTC will hit the bottom of this market cycle between October 6 and 16. He argues that before the final capitulation phase arrives, investors should implement a dollar-cost averaging (DCA) strategy within the $62,000 to $48,000 range to gradually accumulate Bitcoin. He judges the current bear market is nearing its end, adding that now is the time to start turning bullish.
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