Several analysts forecast Bitcoin extending its bear market into late 2026, with potential cycle lows between $30,000 and $45,000 backed by rising exchange reserves.
Bitcoin (BTC) sellers returned on Friday, pulling BTC price 5.5% below Wednesday’s high of $70,000 to trade at $65,950 at the time of writing. Several analysts said Bitcoin is “going much lower,” potentially reaching a bottom during the last quarter of 2026.
Key takeaways:
Analysts forecast BTC price to hit a bottom in Q4 based on various technical and onchain metrics.
