Bitcoin’s price remains flat in a bear market, a cryptocurrency analyst said, predicting more volatility and pain ahead for the world’s largest cryptocurrency. The expert also noted that BTC has It has entered the final stage of this bearish phasewhich is the period when the market is expected to reach its lowest levels along with its maximum Fear, Uncertainty, and Doubt (FUD). In his forecast, the analyst predicted a timeline for when Bitcoin could complete its final capitulation move and create a long-awaited bottom. He has also identified a possible target range for this expected minimum price.
Bitcoin faces further declines in the final bear phase
Cryptocurrency analyst with the pseudonym No Name has analyzed his predictions for the price of Bitcoin in this bear cycle. In X’s post on June 9, the expert said Announce The leading cryptocurrency has officially entered the second and final phase of the bear market.
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No name indicated that typical Bear market cycle They do not end or begin randomly, which indicates that they move in an organized and systematic manner. Using a detailed chart, the analyst explained that a normal bull market goes through six phases, while a bear market goes through only two — characterized by a major price collapse and complete disinterest.
During the first bearish phase of this cycle, Bitcoin’s price fell sharply, shattering the optimistic narrative surrounding the cryptocurrency. This contraction came after a Record rally in October 2025when Bitcoin surpassed $126,000, setting a new all-time high. Since then, it has become a cryptocurrency The downward trend continuedand recently fell below $60,000 sometime this month.
It is worth noting that the second bearish phase, in which the market is currently located, is historically characterized by slow sideways price movement and Investor sentiment is very low. This comes as enthusiasm and interest in Bitcoin decline, prompting many participants to exit the market. During this phase, trading volumes typically decrease, and price volatility narrows Fear controls investor behavioroften leading to long periods of stagnation.
In his analysis, NoName noted that both bear market phases typically last around 350 days each. With the first phase already completed in this cycle, mathematics indicates that Bitcoin’s ongoing downtrend may end in October 2026. Confirming this, the analyst expects the price of Bitcoin to reach… The bottom of the final cycle Within a major target range around this timeline. Based on its chart, the price floor currently lies between $47,000 and $51,000, in line with the 350 moving average.
Analysts expect BTC to collapse next week and ATH next year
For a short-term forecast, cryptocurrency analyst Kabuki expects Bitcoin to collapse to $54,000 as soon as next week. he expected The cryptocurrency will also extend this decline, potentially reaching a final low of around $47,000 by July 2026.
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He backed up his bearish outlook by noting that Bitcoin is currently at a historic high where each of them has been Bull trap Ends. Once the bear market capitulation ends by July, Kabuki expects it will A new uptrend could emergeWhich could pave the way for BTC to rise to all-time highs of $151,000 by January 2027.
Featured image from Getty Images, chart from Tradingview.com
