Bitcoin Cycle Top Is In—$270,000 Delayed Until 2026, Says Analyst

Crypto analyst Dr. Cat believes that Bitcoin's recent ascent may have stalled and the market has printed a "valid cycle high" on the weekly chart. The Ichimoku-focused technician argues that the market has slipped into neutral territory, potentially postponing the next decisive breakout until mid-July or as late as the first quarter of 2026. Dr. Cat notes that the Chiko Span (CS) entered the candles last week, removing the weekly timeframe's bullish bias. The analyst believes that the monthly chart remains intact, but the immediate path higher has narrowed to two clear windows. The first window opens in the week beginning June 16, and if Bitcoin starts that week above $99,881 and closes with CS breaking cleanly above the candle range, a "moonshot" to $270,000 could ignite. If the price opens below that threshold, a textbook CS tracing pattern would already be underway, pushing the next breakout target to the week commencing July 14. Dr. Cat warns that if the Kijun Sen at $93,200 is lost, a much later breakout could occur, pointing traders to a broad monthly window between November 2025 and April 2026. The analyst is not confident that the bottom is in, flagging $97-98K as a short-term zone. Altcoins face an even steeper uphill battle, with Dr. Cat arguing that they are not ready to pump on the weekly and need minimum 1-2 months for that in the most bullish scenario.