Bitcoin Cycles Update (4H Chart)BTC is tracking within a 175-bar cycle, and price is now in the later stage of the current cycle. After a bounce toward the 115k–116k zone, momentum looks to be stalling. The Stoch RSI is in overbought territory, hinting at cycle exhaustion.
If history repeats, we could see a corrective leg lower, with potential support in the 102k–106k range before the next cycle upswing develops.
In short: Cycle suggests we’re closer to a top than a bottom.