Analyst projects $35k–$40k Bitcoin bottom, long-term path to $400k

Analyst maps Bitcoin midterm pattern. Sees $35k–$40k bottom into 2026–27.

A recurring US midterm pattern in Bitcoin is back. Analyst Crypto Patel flags a possible bottom between $35,000 and $40,000 in November 2026 to February 2027.

The setup has appeared across past US midterms. It repeats near the end of bull cycles before a new expansion phase according to chart studies and cycle data compiled by market trackers.

• 2014 drop about 86%, 2018 about 84%, 2022 about 77%. Bottoms came 1–2 months after midterms per Crypto Patel’s chart.
• February saw a local low near $63,000, roughly a 52% drawdown from the peak per on-chain and price data.
• One more leg lower remains possible before recovery if the pattern holds per historical-cycle work.
• Projected bottom zone is $35,000–$40,000 with timing between Nov 2026 and Feb 2027 per the analyst’s map.
• After midterms, Bitcoin rallied about 54% on average before a pullback in prior cycles based on historical returns.
• The long-term path outlined by cycle studies leaves room for prices above $400,000 per scenario analysis.

Bitcoin price chart and pattern reference.