The cryptocurrency market is bracing for a potentially tumultuous period as Bitcoin's price enters the final phase of its bear market cycle. According to pseudonymous crypto analyst No Name, this stage is characterized by slow, sideways price movement and extremely low investor sentiment. The analyst's projections suggest that Bitcoin's price could hit a final cycle bottom within a key target range of $47,000 to $51,000, aligning with the MA 350, by October 2026.
Historically, bear market cycles have followed a well-structured, methodical pattern, with two distinct phases. The first phase is marked by a major price crash, which has already occurred in this cycle, following a record-breaking rally in October 2025. The second phase, which the market is currently experiencing, is characterized by slow price movement and extremely low investor sentiment. This phase is often marked by extended periods of stagnation, with trading volumes typically dropping and price volatility narrowing.
Expert Analysis and Projections
No Name's analysis suggests that both bear market phases typically last around 350 days each. With the first phase already completed, the math indicates that Bitcoin's ongoing bear trend could end in October 2026. Another crypto analyst, Kabuki, projects that Bitcoin could crash to $54,000 as soon as next week and extend this decline, potentially hitting a final price bottom around $47,000 by July 2026. Kabuki's bearish outlook is based on the fact that Bitcoin is currently at a historical level where every bull trap ends.
While the short-term outlook appears bleak, some analysts are predicting a fresh bull trend could emerge once the bear market capitulation concludes. Kabuki forecasts that Bitcoin could rally to new all-time highs around $151,000 by January 2027, paving the way for a potential new wave of investment and growth in the cryptocurrency market. As the market navigates this final phase of volatility, investors and traders will be closely watching Bitcoin's price movements, searching for signs of a potential reversal and the start of a new bull cycle.
