Bitcoin (BTC) may be on the verge of a bear market, according to the four-year cycle theory. A significant price drop is expected with target levels of $50,000 and $100,000.
Beginning of Bitcoin's Bear Market
Some experts warn that October could mark the onset of a new bear market for Bitcoin due to the end of the four-year cycle. According to Joao Wedson, founder of the analytics platform Alphractal, this trend may lead to significant price declines.
Potential Price Levels for BTC
Analysts note that under current conditions, Bitcoin may face price levels around $50,000 by October 2026. Joao Wedson's analysis mentions more optimistic targets, including a possible climb to $140,000.
Impact of Institutional Investors
Wedson also emphasizes that this cycle is markedly different from previous ones, especially due to the significant influence of institutional investors. Predictions for the bear market also depend on institutional activity and ongoing discussions around ETFs.
In light of growing speculation and economic factors, the upcoming months will be critical for Bitcoin. Expectations regarding price targets keep the market under pressure, while opinions on Bitcoin's future become increasingly polarized.
