Here’s Why Bitcoin Analysts Say BTC Market Will Bottom in Q4 2026
Analysts suggest Bitcoin's market bottom may occur in Q4 2026, potentially reaching $30,000 to $45,000 based on historical cycles and on-chain metrics.Summary
Several analysts predict that Bitcoin (BTC) is heading for a significant downturn, potentially bottoming out in the fourth quarter of 2026, with price targets ranging from $30,000 to $45,000. This forecast is based on historical post-halving price structures, where cycle lows often occur 365 to 396 days after the market top, aligning with October to November 2026 given Bitcoin's October 2025 high. Supporting this bearish outlook, on-chain data shows that the "supply in profit" metric has fallen to levels last seen during the 2022 bear market, suggesting a potential -70% to -75% drawdown. Furthermore, Bitcoin breaking below its Long-Term Holder True Cost Basis at $65,700 indicates increased selling pressure, with some suggesting a drop to $42,000 or lower. The rising supply of BTC on exchanges also signals structural selling pressure remains intact until exchange reserves begin to decline significantly.
(Source：Cointelegraph)