Jan 26, 2026
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Analyst Predicts Bitcoin Could Drop to $30,000 in Market Correction
Crypto analyst Leshka.eth has shared a technical analysis on Bitcoin, comparing its current weekly structure to the 2021 market peak. The analysis suggests that Bitcoin is repeating an identical pattern, potentially setting up for a corrective move down to $30,000.
Bitcoin's Weekly Structure
- Bitcoin has shown higher highs and lows since 2018.
- The price repeatedly meets a rising resistance trendline during bull markets, leading to rejections.
- Bitcoin's recent rally reached new all-time highs but failed to sustain above the trendline, correcting by about 30%.
- Currently trading below $90,000.
Potential Crash to $30,000?
- Previous bear markets saw declines of 84.99% and 77.47% after cycle tops.
- The current setup suggests a possible 72.86% decline from the recent high, potentially bottoming around $30,000.
Grok AI provides a more optimistic outlook, suggesting a 15% to 25% probability of Bitcoin dropping to the $30,000-$40,000 range based on aggregated views from sources like CNBC and Reddit. Some analysts predict higher price floors above $50,000, with long-term projections reaching over $200,000.
