Market Expert Predicts Bitcoin Drop to $40,000 by 2026

Bitcoin has been struggling to break through a resistance level of $94,000, trading between $85,000 and $93,000 for over a month. Concerns about potential price corrections are rising.

Market expert NoLimit suggests Bitcoin might bottom out at around $40,000 in 2026, indicating a potential 54% decline from its current price of just above $87,860.
NoLimit's analysis on the cyclical nature of Bitcoin highlights a pattern: surge post-Halving event, followed by maximum leverage influx, concluding with a reset before the next expansion.
Historical declines during resets include drops of approximately 85% in 2013-2014, 84% in 2017-2018, and 77% in 2021-2022.
The $40,000 range is seen as a potential foundation for the next bull run, aligning with technical indicators like previous resistance levels turned support and long-term moving averages.

Current market factors include substantial price appreciation, institutional interest, ETF approvals, over-leverage, and compressed volatility, signaling potential downside risks.

Bitcoin