Crypto: Bitcoin To $30k? Analysts Debate When And At What Price BTC Will...

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.

Analysts forecast BTC price to hit a bottom in Q4 based on various technical and onchain metrics.

Rising exchange reserves and “supply in profit” falling to 2022 lows suggest further downside pressure.

According to multiple analysts, Bitcoin could extend its downtrend, possibly reaching as low as $30,000 to $45,000 during the last quarter of the year.

Related: Bitcoin’s five-month losing streak may not end in March as $70K caps price

The shortest bear market lasted 365 days, and “Bitcoin is currently about 140 days into its current bear market,” crypto trader Darky said in a Friday post on X, adding:

Onchain data provider CryptoQuant said “bottoms take time” to form, and that Bitcoin could reach its cycle lows between “June and December,” based on previous post-halving price structures.

Fellow analyst Batman said that previous bear cycles printed their lows 365 and 396 days after the market top.

Bitcoin’s current all-time high of over $126,000 was reached on Oct. 2, 2025, and “adding 365 to 396 days puts us around October to November 2026,” Batman said, adding:

Source: CoinTelegraph