Bitcoin is trading sideways around the $65,000 level after a sharp fall at the start of the year, yet that stability may be obscuring a more fragile underlying cycle position. In the current market, the key question is not whether Bitcoin has stopped falling, but whether Bitcoin has reached the kind of cyclical reset that has historically preceded a durable recovery. Bitcoin remains one of the clearest examples of how sentiment, structure, and timing can matter more than short-term price calm. For traders, that makes Bitcoin’s current range less reassuring than it appears. Matt Weller, Global Head of Market Research ... (full story)