NewsBTC
Mar 5, 2026
11 0

BEARISH 📉 : Analyst Predicts Bitcoin’s Bear Market to Continue Until 2027

An analyst has released a technical analysis indicating that Bitcoin is yet to reach its cycle bottom. Using the Bear Bands and Halving Cycles Theory, the analysis suggests:

  • The recent surge above $71,000 is a typical bounce in a bear market not suggesting its end.
  • Bitcoin's price history shows recurring bear market sequences with three stages: first low, second low, and final cycle bottom before recovery.
  • The first low was reached at around $64,000; the next projected low is near $44,500, indicating further downside potential.
  • The anticipated cycle bottom is at approximately $28,500, representing a potential drop of over 60% from current prices above $72,000.

Bitcoin Price Chart

The timeline for these events suggests:

  • The second low at $44,500 might occur within five months, between August and October 2026.
  • The cycle bottom around $28,500 could be reached between November 2026 and January 2027.