Bitcoin extended its downward trend this week after a short-lived recovery earlier this month. Its price fell to a new cycle low of around $58,075, marking the first new cycle low since BTC peaked at $126,200 in October 2025.Visit Website
Bitcoin Hits New Cycle Low After Bull Trap Plays Out, but Breakdown Is Not Over
Bitcoin extended its downward trend this week after a short-lived recovery earlier this month. Its price fell to a new cycle low of around $58,075, marking the first new cycle low since BTC peaked at $126,200 in October 2025.
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Gabrielle Desailly a former investment strategist, Gabrielle covers the intersection of cryptocurrency and global finance. She specializes in regulatory developments, market sentiment, and how digital assets reshape economies.
