BEARISH 📉 : Bitcoin faces potential crash with upcoming pivots and risk zones

An analyst has updated their previous forecast for Bitcoin, which predicted a potential price decline. This new analysis includes detailed projections for the upcoming cycles and pivots.

Key Points from the Bitcoin Price Analysis

  • A multi-cycle model suggests a significant structural reset for Bitcoin, with a projected pivot around February 2.
  • The current setup is compared to a previous phase where Bitcoin fell about 50% before recovering approximately 40%, but not reaching a new all-time high.
  • A macro risk window is identified from April to September 2026.
  • A monthly cycle indicates a decisive pivot around December 22, with historical drawdowns ranging from 34% to 77%.
  • On the weekly timeframe, a pivot is expected around November 19, with past pullbacks of 20%-34% followed by significant upside expansions.

Refined Crash Targets and Bottom Window

  • The analyst refines the downside roadmap by aligning yearly, monthly, and weekly cycles, suggesting a likely decline of 34%-55% from the all-time high.
  • Potential key levels include $90,000 for November, $72,000 for January, with further support at $45,000 and $28,000 if selling intensifies.
  • The analysis remains cautious, indicating potential for further downside before a full recovery and a multi-stage recovery shaping the next macro cycle.

Bitcoin price chart from Tradingview.com