NewsBTC
Apr 26, 2026 upd. 7 Jun

Analyst who called Bitcoin top predicts 50% drop to $39k–$43k

2 min

Analysts map a deeper Bitcoin bottom. Targets cluster at $38.8k–$42.7k and $45k, with a bear phase into H2 2026.

Bitcoin rebounded in April from March lows. Some traders kept shorting the rally. Sources: NewsBTC on April recovery, NewsBTC on disbelief shorts.

KillaXBT turns his cycle-top model to the downside. He earlier called a $121,362 top in June 2025, about 3.9% shy of the $126,100 high in October 2025. Source: KillaXBT’s projection on X.

  • His dataset shows cycle multiples falling from 15.50x to 7.64x to 6.26x to 4.47x in Cycle 4, when price topped at $69,800 and bottomed at $15,600. Source: thread and chart
  • Applying a 3.25x multiple to a $126,100 top gives a base bottom of $38,800. Source: KillaXBT
  • Allowing a ±5% variance sets alternative targets at $40,740 and $42,680. Source: KillaXBT

Bitcoin price model by @KillaXBT

A second view points to $45k. CryptoBullet counts a completed five-wave advance into the ~$126k top and a W–X–Y correction. His map sends Wave Y to $45k, with the bear ending in H2 2026. Sources: CryptoBullet’s weekly chart on X, Bitcoinist on symmetry and timing.

Bitcoin weekly chart by @CryptoBullet1

Headline
Analysts set Bitcoin bottom at $38.8k–$42.7k and $45k, bear into H2 2026