Bob Loukas flags $53,000 BTC level as four-year cycle enters final stage

Veteran analyst Bob Loukas said Bitcoin has moved into the final phase of its four-year cycle and may still need another drop before a lasting bottom forms. He highlighted $53,000 as a key area where his model portfolio would deploy remaining cash, after already buying 10 BTC at $65,000. At press time, BTC traded at $62,247.