Odaily reported that BIT has released its latest weekly report, titled Will the FIFA World Cup Become the End Point of Bitcoin’s Bear Market? According to the report, Bitcoin’s current bear-market movement is broadly in line with BIT’s outlook from early February 2026. BIT says the A-B-C correction structure it had previously described has now entered its final stage.
The A-B-C Correction Framework
Under the framework cited in the report, Bitcoin first declined in the A-wave phase to the $60,000 to $69,000 range. It then rebounded into the $80,000 to $90,000 range and formed an interim high around $83,000. BIT said that after this rebound, upward momentum gradually weakened, placing the market in the later part of the same correction structure it had outlined earlier.
The report did not introduce a new specific trading plan. Instead, it focused on how the current price action corresponds with BIT’s earlier bear-market assessment. The core point is that the sequence of a decline, rebound and subsequent weakening remains consistent with the firm’s prior A-B-C adjustment view.
Sentiment Indicators and the 2022 Bear-Market Comparison
BIT also pointed to the current reading of the Fear and Greed Index. The report said the index is now close to a historically low area that has important reference value. BIT compared this condition with the bottoming structure seen during the 2022 bear market and said there are still certain similarities between the two.
On the timing side, BIT maintained its earlier view that the summer trading lull during the 2026 FIFA World Cup could become the tail-end phase of Bitcoin’s current bear market. The report connects that calendar window with the current correction framework, describing it as a period to be monitored within the broader cycle structure.
What BIT Plans to Track Next
Looking ahead, the report said BIT will focus on several key areas: the price range that would mark the end of the bear market, the macro catalysts for the next bull market, and trend-reversal signals released by cycle indicators. If the framework holds, BIT said the current market bottom would become one of the low-point areas in Bitcoin’s history with a relatively concentrated time window and comparatively clear trigger conditions.