Bitcoin's Bottom in Sight: Analyst Predicts October 2026 for Market Rebound

Cryptocurrency analysts have been closely watching the market for signs of an altcoin season, a period where alternative cryptocurrencies experience significant growth. However, the lack of such activity has led experts to question when this season will occur.

Benjamin Cowen, a renowned technical analysis expert, has shed some light on this topic in his latest video. He argues that Bitcoin's correction phase following its peak of $126,000 in October 2025 is perfectly aligned with historical cycles.

Cowen points out that the 2025 peak occurred during a period of 'indifference' among investors, which is different from previous bull markets. In contrast to the enthusiasm seen in 2017 and 2021, the 2025 peak lacked the expected influx of money into the altcoin market.

Cowen predicts that Bitcoin will likely hit its bottom in October 2026, based on historical four-year cycles remaining unbroken. According to him, this is when Bitcoin typically bottoms out after peaking. He warns that the risk persists as long as Bitcoin consolidates around the $70,000 level, adding that a drop to the $50,000-$55,000 range is a possibility.