Bitcoin dips below 80k on US data before quick rebound to 82k

Stronger-than-expected US figures and shifting Fed rate bets triggered selling across crypto. Bitcoin briefly slipped under 80,000 dollars, dragging altcoins lower with it.

Within 24 hours the market recovered part of the losses, pushing BTC back near 82,000. Analysts view the move as a routine pullback inside the broader uptrend rather than a bear-market start.

Crypto analyst Matthew Hyland argues the bitcoin cycle may stretch to eight years. He draws parallels with 2016 and 2020, noting the July 1 low occurred in the 44th month of the cycle.

If the full cycle reaches 96 months, the rally could run another 52 months into 2028. Hyland expects bitcoin to top 250,000 dollars before a 70–80 % bear market sets in.

Based on information from cryptonews.net