Bitcoin Price Could Drop to $25,000 by 2026: Analyst
Crypto analyst Crypto Whale predicts that the Bitcoin price might drop to $25,000 by 2026, forming a potential macro bottom as part of a recovery from the current bear market. He suggests this would be a reset before the next expansion phase.
- A Bitcoin-led rally is expected soon, with altcoin expansion following in February.
- A bull trap may occur in March, leading to volatility and panic selling.
- Capitulation could happen in May, with full bear market confirmation by June.
XWIN Research notes that Bitcoin hasn't entered a new bullish trend and remains in a high-volatility range. They propose a potential drop to $50,000 if recession risks intensify, impacting deleveraging and ETF outflows.
BTC Death Cross Signals
Analyst Ali Martinez highlights a "death cross" on the BTC weekly chart, suggesting a possible 50%-60% correction down to $38,000. Historically, such patterns resulted in significant price corrections. The zone between $50,000 and $38,000 is seen as a potential long-term accumulation area.
Currently, Bitcoin is trading at around $88,700.