Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point

A number one market skilled just lately hinted at an impending backside for Bitcoin (BTC), suggesting that throughout the subsequent 328 days, the cryptocurrency might attain a worth vary between $38,000 and $50,000. 

Bitcoin Price Bottom In October 2026

Although Bitcoin’s efficiency this 12 months has lagged behind US inventory markets and gold, it has nonetheless managed to attain notable highs, at the moment buying and selling almost 20% under its file peak of $126,000 reached earlier in October. 

However, the present market panorama is marked by appreciable uncertainty amongst buyers, with concern and promoting stress main Bitcoin to consolidate simply above the $100,000 mark.

In a current social media post on X (previously Twitter), analyst Ali Martinez expressed confidence in his forecast, anticipating {that a} backside might happen round October 2026, implying a possible drop of 51% towards the $50,000 stage and roughly 63% right down to $38,000 in essentially the most pessimistic state of affairs.

BTC May Have Reached Cycle Top

Martinez has noticed historic patterns all through varied market cycles. He identified that in each the 2015–2017 and 2018–2021 cycles, there have been precisely 1,064 days between the bear market backside and the bull market peak. 

Notably, the present cycle, which started from the November 2022 backside and led to the current all-time high of $126,220, is now approaching 1,082 days. This recurring timing construction means that Bitcoin might have already reached its cycle high.

While Martinez’s assertions don’t assure an consequence, he said that these historic patterns reinforce his forecast, whereas suggesting that the market is coming into the “early levels of a post-peak retracement section.”

At the time of writing, the market’s main cryptocurrency trades at $103,320, recording losses of three% up to now 24 hours, in response to CoinGecko data. 

Featured picture from DALL-E, chart from TradingView.com