Bitcoin Downtrend May Be Ending as Cycle Momentum Turns Positive
CryptoQuant analyst Gaah suggests that Bitcoin's prolonged downtrend may be nearing its end as cycle momentum turns positive. The Cycle Momentum indicator, which tracks the strength and direction of Bitcoin's longer-term cycle momentum, has crossed into positive ground after remaining negative for roughly eight months.
This shift, currently reading just above zero at approximately 0.4, raises the probability that Bitcoin is breaking out of its prolonged downtrend and beginning a reversal of the recent bear phase.
The indicator's historical charts show that momentum phases align with major market expansions and contractions, dating back to 2013. After crossing into positive territory, the analyst emphasized that full confirmation of a reversal requires the indicator to advance into the 20-30 range in the coming weeks, supported by continued upward price recovery.
Bitcoin has struggled to reclaim its all-time high of around $126,000 reached in October 2025, despite staging several recovery attempts. The cryptocurrency remains well below the record level due to a lack of sustained buying pressure and macroeconomic uncertainty.