Bitcoin Could Fall to $30,000 by October 2026, Analysts Predict Based on 400-Day Cycle

BTC2.53%

According to analyst Bee, Bitcoin could reach its cycle bottom at $30,000 by October 2026 based on a historical 400-day bear market pattern that has recurred for over a decade. Bee's analysis, shared on X, suggests BTC still faces 112 to 148 days of downward pressure, potentially representing a decline exceeding 75% from current levels near $126,000.

Crypto analyst Ted Pillows has issued a similar forecast, projecting Bitcoin's final bottom between $30,000 and $40,000 during Q3 or Q4 of 2026. Pillows noted that if the current bear cycle mirrors the 2022 pattern, BTC should reach its floor by late Q3 or early Q4. Both analysts dismissed expectations of a $100,000 BTC recovery in 2026.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments