Cycle desk — Bitcoin measured in weeks, from the live tape.

Connecting

Weeks from peak

44.6w

Early bear

To typical low

10.0w

Past bears: 52–58 weeks

Confluence

13%

1 of 8 on · early

Drawdown vs peak

50%

Spot $63,500

Tape read

Early bear

From this week count. Not a trade.

Still early. Historical first lows printed around 52–58 weeks. Calling a low here would be ahead of the week count.

  • 44.6w from the peak. The typical 52–58 week cluster lands near 23 Oct 2026 (10.0w to the average).
  • Price is $63,500, still above the 43–58k cycle-low band (50% of the peak).
  • 1 of 8 tape marks are on. That is a normal early-bear reading, not a low.

Windows

Time from this peak. The typical low is a cluster, not a single day.

Typical low

Ahead

4 Oct16 Nov 2026

5258w · average 54.5w (23 Oct 2026)

10.0w to the average

Cycle-low band $43,000$58,000

Where 2013, 2017 and 2021 printed a first low. Price in that band is confluence — not a forecast for a single date.

98-week mark

If needed

23 Aug 2027

98w from this peak · 53.4w from now

Time mark only.

The 98-week process. Use it if the first low fails — or if you count from an earlier significant high, in which case this date moves.

Get a note when the typical window opens.

Time map

Weeks since the peak. Left is 6 Oct 2025. Right is later. The green band is where past bears printed a first low.

14 Aug23 OctPeak98w

White mark is now (14 Aug). Green is the 52–58 week cluster. 98w is the 98-week mark.

  • NowYou are here

    44.6w · 14 Aug 2026

    10.0w to the typical low

  • Typical low

    54.5w · 23 Oct 2026

    Where 2013, 2017 and 2021 printed a first low

  • Longer process

    98.0w · 23 Aug 2027

    Only in play if that first low fails

This cycle

Weekly close from the live tape. Same dates as the windows — peak 6 Oct 2025, now 14 Aug, typical 23 Oct.

  • White — weekly close
  • Green band — 43–58k
  • Dashed white — peak
  • Green dash — typical low

Macro clock

Slower clocks around Bitcoin. The week count still comes from the peak. How the clocks nest

Halving
Last 20 Apr 2024 · 2.3 years ago

Next estimated 17 Apr 2028. Not a low date.

18.6-year REC
Year 17.9 of 18.6 from 2008 financial crisis

A long housing and credit cycle, counted from 2008. Background only — not a Bitcoin target.

Past cycles

This bear versus 2013, 2017 and 2021 — percent of each peak, from weekly closes (illustrative until history loads). Three analog cycles: a small sample. Dates on the axis are this cycle, from 6 Oct 2025.

  • 2013–15
  • 2017–18
  • 2021–22
  • This cycle
This peak
6 Oct 2025
Now
14 Aug 2026 · week 45
Typical low
23 Oct 2026 · week 55

Price ladder

From the cycle high, down. The green band is the cycle-low band (43–58k). Time still leads — these levels only confirm.

NowPeak43k

Left is the peak. Right is lower. Now is 50% of the high — still above the 43–58k band.

  • Halfway from the peakClosest to now

    $63,100

    About where we are · Half of the cycle high. A common pause — not a target by itself.

  • Top of the cycle-low band

    $58,000

    9% below now · Upper edge of the 43–58k cycle-low band.

  • Deep pullback

    $47,956

    32% below now · About 38% of the peak left. Only in play if the decline extends.

  • Bottom of the cycle-low band

    $43,000

    48% below now · Lower edge of that same band. Time still has to agree.

Confluence

1 of 8 marks on — a first low is not expected this early.

13%

Printing now

  • Bear-year August seasonality

    On

    August in a bear year is historically a weak month.

Not yet

  • Typical low approaching

    Waiting

    44.6 of ~70 weeks. Still early for the typical low.

  • Price in the cycle-low band

    Waiting

    Spot is still above the cycle-low band.

  • MSTR / ETH / XRP alignment

    Waiting

    0 of 3 peers are down today (needs 2).

  • Three-bar rule

    Waiting

    Needs three daily bars of lower highs and lower lows — or the reverse off a low.

  • 200-week MA test

    Waiting

    200-week average not loaded yet.

  • Volume / accumulation

    Waiting

    Needs the last 7 days’ volume at least 1.25× the prior 21 days.

  • Fear & Greed extreme

    Waiting

    Fear & Greed is — (extreme is 25 or below).

If this is wrong

The tape read stands until the tape does one of these.

  • A new cycle high

    A print above $126,200 resets the week count.

  • The typical window passes cold

    After 23 Oct 2026, if spot is still well above $58,000, the 52–58 week analog is late.

  • A wash through the band too early

    Through $43,000 while the week count is still early is a deeper test — time still has to agree.

Scenarios

Named peaks. This ATH follows the live high. Save a count from an earlier peak to run the 98-week mark.

Anchors

Unpin a feed to run a what-if. Leave them on for the live desk.

  • Live time

    Week count from now

  • Live spot

    Coinbase BTC-USD

  • Sync peak from market

    This cycle’s high from the tape