A trading analyst has outlined a long-term timeline for Bitcoin’s (BTC) next major price milestone, arguing that the cryptocurrency is unlikely to reach $145,000 until the current market cycle has fully reset.
According to TradingShot, recent developments on high-timeframe technical indicators suggest Bitcoin has entered the early stages of a broader bear cycle, as outlined in a TradingView analysis on January 30.
The assessment is grounded in quarterly chart signals, where Bitcoin has recently moved past a Relative Vigor Index (RVGI) bearish cross. On higher timeframes, the RVGI is viewed as a cycle-defining indicator rather than a short-term momentum signal.
Bitcoin price analysis chart. Source: TradingView
TradingShot noted that in past Bitcoin cycles, similar three-month bearish crosses consistently emerged in the early stages of bear markets, not near cycle bottoms.
Historical data also shows a clear rhythm, with RVGI bearish crosses occurring roughly every 15 to 16
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