Jurrien Timmer, Director of International Macro at Constancy Investments, has doubled down on his prediction that Bitcoin has discovered its cyclical backside.
Timmer just lately took to the X social media community to reassure market individuals that the $60,000 degree stays a formidable line of protection for the digital asset.
“Bitcoin has continued to seek for a backside, and I nonetheless suppose that the $60k is an effective place to look,” Timmer shared alongside his newest chart. “We might nicely undercut it sooner or later, however based mostly on the ability regulation assist line and the gold/Bitcoin ratio, I consider that degree ought to act as a flooring.”
XRP Now Accessible for DeFi on $4.2 Billion Coinbase Community, Shiba Inu (SHIB) Value up 18% in Quick Sellers’ Hunt, Bitcoin Stabilizes Above $69,000 Forward of March 19 FOMC: Morning Crypto Report
Billionaire Druckenmiller Claims Crypto May Be New Reserve Forex
Bitcoin’s energy regulation
To justify the $60,000 flooring, Timmer depends closely on a long-term “Bitcoin’s Energy Regulation” chart.
The mannequin makes use of a logarithmic scale to chart Bitcoin’s value evolution from 2009 by way of projected knowledge into 2029. It tracks the cryptocurrency’s pure development curve by way of increasing macroeconomic cycles.
The chart maps three major trajectories: a inexperienced resistance line representing historic bull market peaks, a dotted blue trendline representing honest worth, and an orange assist line representing absolute cyclical bottoms.
Following the newest cycle peak of $122,765, the market has corrected sharply downwards. Nonetheless, in keeping with Timmer’s energy regulation mannequin, the present cyclical assist band lies between $52,792 and $66,942. Proper in the course of that band sits the $60,000 mark.
card
The decrease half of the cracks two distinct oscillators: the share deviation of Bitcoin’s value from its energy regulation trendline (pink bars) and the 52-week Z-score of the Bitcoin-to-gold ratio (blue bars).
At the moment, the pink bars point out that Bitcoin is sitting at a unfavourable 45% deviation from its honest worth trendline. Moreover, the blue Z-score bars have plunged to unfavourable 100%. Based mostly on the cryptocurrency’s value efficiency, a bear market cycle involves an finish when two oscillators attain excessive depths.
A “shallow” crypto winter
In mid-February 2026, when Bitcoin initially crashed all the way down to the $60,000 zone, Timmer confidently declared that the 4-year bull market cycle had ended, however that the next crypto winter can be surprisingly “shallow.”
Throughout previos cycles, the asset would undergo catastrophic 80% drawdowns. Nonetheless, the present flooring is considerably increased as a result of heavy institutionalization that was doable as a result of launch of spot ETFs.