Bob Loukas Sees Bitcoin Upside Window, Flags $79,600 Low

Market-cycle analyst Bob Loukas sees a possible Bitcoin (BTC) advance over the next 30 to 45 days, while a break below a recent $79,600 low would make his outlook more cautious.

Counting from the date of his outlook, the 30-to-45-day span runs roughly from Nov. 20 to Dec. 5. The dates are a calendar calculation, not a deadline for confirming a new cycle. Loukas described the period as room for a possible advance.

He identified $79,600 as the recent low to watch. Losing that level would prompt a more defensive stance; it was not presented as an automatic threshold that invalidates the cycle view.

In an earlier cycle assessment, Loukas placed a cycle low at 44 months, compared with 47 months in his comparison. He said the shallower declines in June and July could leave room for an upside surprise, while cautioning that new cycles can include a major shakeout.

The Federal Open Market Committee is scheduled to meet Tuesday and Wednesday, Oct. 27-28, before the approximate window. Loukas has not linked the meeting to his cycle outlook.