Bitcoin Price Predicted to Fall Below $60,000 by Late 2026

Recent sentiment around Bitcoin has turned bearish after its price dropped below $100,000. Analysts predict further declines:

  • Mr. Wall Street suggests Bitcoin has hit its cycle top, anticipating a decline to $74,000-$82,000, indicating a potential drop of over 10%.
  • The analyst forecasts a continuation of the bear market into 2026, with prices possibly falling to $54,000-$60,000 by late 2026.

Bitcoin price

A head and shoulders pattern supports these predictions:

  • Leshka.eth highlights this pattern, predicting a reset in Bitcoin’s price, suggesting it could drop by over 40% from its all-time high to around $40,000 by 2026.

Bitcoin price chart from Tradingview.com