Analyst predicts Bitcoin bottom below $45,000 after one final crash
Marmot says Bitcoin hasn’t bottomed. He expects a drop below $45k, with a “real” floor under $43.7k before any durable rebound (Marmot on X, Bitcoinist).
He compares the current slide to 2022. Price structure and traps look similar to that bear cycle (X post, Bitcoinist, Bitcoinist).
From the October 2025 ATH above $126k, Bitcoin is already down over 40% (Bitcoinist).
He splits the bear into three phases. Phase one ended after a >54% crash; price hovered near $74k. Phase two: repeated bull traps and volatility shake out traders (X post, Bitcoinist).
Latest bull trap: a ceasefire headline pushed BTC above $73k, then it reversed to ~$71k, later bouncing back over $74k (Bitcoinist, Bitcoinist).
He says the market is entering its final phase. That’s where a durable bottom usually forms (Bitcoinist).
His chart puts the bottom below $43,700. He expects one last flush before recovery, echoing 2022’s bear-bull trap sequence (Bitcoinist, Bitcoinist).
Path he outlines:
- Drop toward $45,500, brief bounce, then a final leg lower
- Recovery back above $45,000 to start a new bullish phase
(X chart)

Headline: Marmot warns Bitcoin could bottom below $43.7k, flags one last crash







