Analyst projects $44k Bitcoin drop before run to $300k by 2028

Crypto Patel maps BTC path to $300,000 after a $44,000 “reset”

Crypto analyst Crypto Patel outlines a rally roadmap for Bitcoin to $300,000. He first sees a drop to $44,000 before the move higher, while BTC trades near $71,200 now.

In an X post, Patel expects a bounce to $89,300–$98,000, a higher‑timeframe bearish zone. He then projects a rejection and a final leg to $44,000, the 0.5 Fibonacci level per his chart and prior analysis.

He says the recent rising‑wedge break and drop to ~$60,000 followed his plan, citing this breakdown. Patel calls $44,000 “not a crash but a gift,” framing it as a reset for long‑term growth, per his post.

His chart points to a $300,000 target in 2027–2028, again from the same thread.

• Step 1 Bounce toward $89,300–$98,000 source
• Step 2 Rejection and reset to ~$44,000, a 0.5 Fib zone source
• Step 3 Multi‑year rally to $300,000 by 2027–2028 source

Another view Crypto analyst Colin sees the bottom at the lower end of his green band, now near $42,000, but shifting lower as the bear market extends. He argues $35,000 could be more reasonable for a cycle low, per his post.

Colin also maintains BTC remains in a bear market despite recent strength. He flagged a bear‑flag structure since the February 6 low and a potential local top near $79,000 before breakdown, citing his analysis.

Spot check CoinMarketCap shows Bitcoin around $71,200 at press time.