Bitfinex analyst: The influence of the BTC four-year halving cycle is still present, with key support range at $72,000 - $73,000

ChainCatcher news, according to Cointelegraph, Bitfinex analysts pointed out that several key technical indicators have turned bearish, leading to speculation that the bull market cycle may have ended prematurely. Nevertheless, Bitcoin's 4-year cycle remains an important factor. Historical price trends suggest that it is not yet the beginning of a long-term bear market, and the $72,000-$73,000 range remains a key support zone. Global government bond yields and stock trends may determine Bitcoin's next major move.