Analyst predicts Bitcoin price could drop 65% to $31,000 by 2026

A potential Bitcoin supercycle in 2026 has been a topic of discussion, with former Binance CEO Changpeng 'CZ' Zhao sharing optimistic predictions. However, analyst Ali Martinez offers a contrasting view, predicting a deep decline for BTC this year.

BTC Price Risks Significant Decline

Ali Martinez suggests a $31,000 bottom price for BTC in 2026, opposing the supercycle theory.
The prediction is based on price fractals, repeating patterns that indicate potential future movements.
BTC's past behavior shows similar patterns, having corrected nearly 55% after a high of around $67,000 in early 2021.
The current pattern suggests a possible 65% drop from the current price point to $31,800.

Current Bitcoin Price

As of now, BTC is priced at approximately $88,528, experiencing a slight decline of over 1% in the last day.