The prominent crypto enthusiast and Bitcoin supporter Samson Mowe made a provocative statement, questioning the relevance of the classic theory of four-year market cycles. He believes that the first cryptocurrency has already passed the downward phase and reached its price point, despite continued liquidity outflows and skepticism in the community.

Mow, celebrated for his ambitious prediction of a million dollars worth of Bitcoin and the advice of the Salvadoran government, noted some analysts' strange belief that the bottom was still ahead. He argues that the historical maximum was updated even before the Halving in April 2024. "Even if you believe in cycles, you have to admit that they accelerated. The bottom has already passed," emphasized the expert.

Other experts disagree. CoinDesk analyst Omkar Godbole points to the formation of a "bear cross" - intersections of 50- and 100-week sliding averages that historically preceded local lows. At the same time, Marcus Tilen of 10x Research expects a drop to $55,000 by the fall, and BitMex co-founder Arthur Hayes predicts a collapse to $40,000 in the next six months.

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