Could BTC Bounce Back After Nearly 2 Months of Correction?

BTC Market Cycle & Key Levels – October 2025 to Present
Introduction

Bitcoin (BTC) has been moving within a well-defined market cycle that started on October 6, 2025. Since that date, BTC has displayed a clear impulsive structure, suggesting that the current cycle is still active and has not yet reached completion.

This article provides a structured outlook on BTC’s current cycle, key support levels, recent retracements, and where buyers are likely to re-enter.

Cycle Progress: Impulse Structure Still Active

Could BTC Bounce Back After Nearly 2 Months of Correction? Based on the ongoing market structure, Bitcoin appears to be progressing through an extended impulsive cycle, with Wave 5 still unfolding. This indicates that further price movement may occur before the cycle reaches its final stage.

The market continues to move in a sequence of impulsive and corrective waves. Temporary rallies do not yet indicate a full shift in trend, as strong buyer support has not yet returned.

Major Support Level: $74,441

One of the most important levels to monitor is $74,441, which marks the first zone where significant buyer support is expected to return after approximately 8 months of low activity.

This level aligns with the cycle’s projected support block, making it a key area to watch. Until BTC reaches this zone, upside entries remain structurally higher risk, as the impulsive leg has not yet completed.

Recent Market Retracement

BTC was recently rejected from the $126,219 high and has retraced to around $87,125.
Based on the current structure, further downside remains possible, as the market has not yet completed its corrective phase or triggered renewed buyer liquidity.

This retracement fits within the larger cycle framework, and the market is likely preparing to approach the $74.44K support zone, where stronger buy-side participation historically emerges.

Key Takeaways

The current BTC cycle, starting October 6, 2025, is still active.

Wave 5 has not yet been completed, meaning the impulse leg is ongoing.

$74,441 is the first major support level where buyers may re-enter.

Retracement from $126,219 to $87,125 indicates that the market may still need to complete its corrective structure before a strong upward reaction.

Understanding cycle structure, support zones, and wave completion is crucial for anticipating BTC’s next movements.