Cycle Low Support

Definition ∞ Cycle low support refers to a price level or range where a cryptocurrency, particularly Bitcoin, historically finds strong buying interest after a significant market downturn. This support level often corresponds with previous market bottoms or areas where long-term holders demonstrate strong conviction. It represents a critical psychological and technical threshold for market participants.
Context ∞ Discussions around cycle low support frequently arise during periods of market correction, with analysts attempting to pinpoint the exact price levels where a rebound is most probable. The ability of an asset to hold these support levels is often viewed as a key indicator of its underlying strength and investor resilience.