Bitcoin Price Enters Final Bear Market Phase, Analyst Predicts

Crypto analyst No Name has predicted that Bitcoin's price has entered its final bear market phase. This second and final stage of the bear market is characterized by slow, sideways price movement and extremely low investor sentiment.

No Name noted that a typical bear market cycle does not end or start at random, but instead moves in a well-structured manner. He explained that Bitcoin's price has declined sharply since its record-breaking rally in October 2025, when it surged past $126,000.

According to No Name, the second bear phase is expected to last around 350 days, with the first phase already completed in this cycle. This suggests that Bitcoin's ongoing bear trend could end in October 2026, with a key target range for the final cycle bottom between $47,000 and $51,000.

However, another analyst, Kabuki, has forecasted an even shorter-term decline, predicting that Bitcoin could crash to $54,000 as soon as next week. He expects the cryptocurrency to extend this decline, potentially hitting a final price bottom around $47,000 by July 2026.