TechFlow to the BIT ON TARGET weekly report (June 12, 2026), the current bear market trend of Bitcoin is highly consistent with the path predicted at the beginning of the year. The ABC correction structure is nearing its end: after the A wave fell to the $60,000–$69,000 range, Bitcoin rebounded to the $80,000–$90,000 range, reaching a temporary peak around $83,000, after which the rebound momentum gradually weakened.
The report points out that the current Fear & Greed Index is approaching a key historical level, highly similar to the bottom structure of the 2022 bear market. The report focuses on three core questions: the key price range where the bear market may be ending, the macroeconomic catalysts that could drive the next bull market, and the signals needed for cyclical indicators to confirm a trend reversal. The report suggests that the summer trading lull during the World Cup may mark the end of this bear market, and that this bottom may be one of the most concentrated low-point areas in Bitcoin's history with relatively clear triggering conditions. The window is currently opening, and the bottoming conditions are nearing completion.
