Veteran Analyst Eyes $53,000 Bitcoin As Final Cycle Stage Begins

Veteran crypto analyst Bob Loukas says Bitcoin has entered the final stage of its current four-year cycle, but warned that the market may still need another leg lower before a durable cycle bottom is in place.
In his latest “4-Year Journey” update, published on June 4, Loukas framed Bitcoin’s recent retest of its February lows as a largely expected development rather than a break from historical cycle behavior. He argued that Bitcoin’s rebound into May, when price approac