Bitcoin Price May Plummet to $43,000 Before Next Bull Run

The cryptocurrency market has been witnessing significant price fluctuations in recent months. Bitcoin's price touched a record high of $126,220 in October 2025 but has since fallen to below $65,000 levels.

Analysts have been analyzing various on-chain indicators to predict the next move of Bitcoin's price. According to Ali Martinez, citing Glassnode's MVRV Pricing Bands, the current resistance band is at $73,726. This means that the price has become a ceiling for recovery attempts rather than a springboard for a new leg higher.

Martinez points out that major Bitcoin bottoms have consistently formed between the 1.0 and 0.8 MVRV bands over the past decade. If Bitcoin were to lose the $54,000 zone decisively, historical cycle behavior suggests the next strong gravitational pull could sit much closer to $43,000.

Another analyst, NoLimit, has also pointed out that prior halving cycles show major bottoms often arriving about 12 to 13 months after the halving event. In this case, it would point to October or November 2026 rather than the spring or summer. This thesis lines up more neatly with the bearish MVRV map than many bulls would like.

While none of these predictions make a drop to $43,000 inevitable, they do suggest that Bitcoin's price may experience another deep flush before its next major bull market.