Bitcoin Charts a Course Through Stability: Is a Bear Market Imminent?

While Bitcoin has shown resilience since June, maintaining its position above the $100,000 mark amidst reduced upward momentum, some experts have expressed caution. Their concerns are rooted in the four-year cycle theory, which predicts an impending bear market based on historical patterns. However, those who hold long-term optimism highlight a continued bullish signal from indicators like the 200-week simple moving average (SMA).