Bitcoin Cycle Bottom Expected Between Late 2026 and Early 2027, Musk Responds to Grok Bot Cost Issue

The bottoms of Bitcoin's last three cycles occurred after the U.S. midterm elections, with the next window possibly between late 2026 and early 2027. Musk responded to concerns about Grok Bot's rapid consumption of resources, stating that operational costs are too high compared to revenue. The Pando Rings hacker transferred 4,000 ETH through Tornado, valued at approximately $9.22 million. An address associated with Kanye West withdrew 2,074 ETH from Binance. A whale opened a ZEC long position worth $10.16 million and purchased 3,052 ZEC in spot. The founder of POAP sold 2,000 ETH, exchanged it for 4.53 million USDC, and transferred it to an ancient whale address from the ICO. Lee Jae-myung stated that the South Korean government's AI investment spending will double to $16 billion next year.

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