BEARISH 📉 : Analyst says Bitcoin enters final bear phase, targets $47k–$51k bottom
Bitcoin enters final bear phase. Bottom seen at $47k–$51k by October 2026.
Pseudonymous analyst No Name says the cycle’s last bearish stage has begun for Bitcoin. He expects more volatility and a final capitulation before a floor forms.
He maps the market into two bear phases of roughly equal length. About 350 days each, by his count. The second phase brings slow, sideways price and low interest. Sentiment tilts to fear. Volumes fade. Extreme fear readings and FUD spikes tend to dominate.
Context matters. BTC ran to a new ATH near $126,000 in October 2025, then cracked lower. It even slipped under $60,000 this month. Sources: ATH print, June drop.
No Name’s timeline points to a cycle end in October 2026. He places the final bottom in a $47,000–$51,000 range, near the MA 350. Sources: his chart, MA 350 alignment.

Another view goes shorter term. Analyst Kabuki sees a drop to $54,000 as soon as next week. He looks for a final leg to ~$47,000 by July 2026, then a fresh bull. Sources: Kabuki’s call, new ATH outlook.
Key levels and dates:
- $54,000 test next week per Kabuki source
- Final floor $47,000–$51,000 around Oct 2026 per No Name source
- Alternative bottom ~July 2026 near $47,000 per Kabuki source
- Potential new ATH near $151,000 by Jan 2027 per Kabuki source