Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point
A leading market expert recently hinted at an impending bottom for Bitcoin (BTC), suggesting that within the next 328 days, the cryptocurrency could reach a price range between $38,000 and $50,000. Bitcoin Price Bottom I...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A leading market expert recently hinted at an impending bottom for Bitcoin (BTC), suggesting that within the next 328 days, the cryptocurrency could reach a price range between $38,000 and $50,000.
Bitcoin Price Bottom In October 2026Although Bitcoin’s performance this year has lagged behind US stock markets and gold, it has still managed to achieve notable highs, currently trading nearly 20% below its record peak of $126,000 reached earlier in October.
However, the current market landscape is marked by considerable uncertainty among investors, with fear and selling pressure leading Bitcoin to consolidate just above the $100,000 mark.
In a recent social media post on X (formerly Twitter), analyst Ali Martinez expressed confidence in his forecast, anticipating that a bottom may occur around October 2026, implying a potential drop of 51% toward the $50,000 level and approximately 63% down to $38,000 in the most pessimistic scenario.
BTC May Have Reached Cycle TopMartinez has observed historical patterns throughout various market cycles. He pointed out that in both the 2015–2017 and 2018–2021 cycles, there were exactly 1,064 days between the bear market bottom and the bull market peak.
Notably, the current cycle, which began from the November 2022 bottom and led to the recent all-time high of $126,220, is now approaching 1,082 days. This recurring timing structure suggests that Bitcoin may have already reached its cycle top.
While Martinez’s assertions do not guarantee an outcome, he stated that these historical patterns reinforce his forecast, while suggesting that the market is entering the “early stages of a post-peak retracement phase.”
At the time of writing, the market’s leading cryptocurrency trades at $103,320, recording losses of 3% in the past 24 hours, according to CoinGecko data.
Featured image from DALL-E, chart from TradingView.com
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
FBI helps smash crypto scam targeting Russian speakers in Brooklyn
The FBI has helped take down a crypto scam network that targeted Russian-speaking individuals living in the US and likely stole te...
Ethereum (ETH) Price Prediction: ETH Holds Near $2,500 as ETF Flows Turn Positive and Long Positions Reach Four-Year High
Ethereum is holding close to $2,500 after a volatile start to October, with the market now showing a mixture of improving institut...
Coinbase’s x402 Records 138.5M Transactions: Chainalysis Shows AI Agents Reshaping Crypto Payments
According to blockchain analytics firm Chainalysis, activity has expanded sharply since the protocol’s early stages, as autonomous...
Sam Altman ChatGPT AI Predicts that BTC Could Hit $1.8M by 2027
Sam Altman OpenAI ChatGPT AI predicts that Bitcoin could reach $1.8M by January 1, 2027. This over-the-top bullish prediction clai...
XRP Price Faces a Turning Point as ETFs Record 13 Weeks of Inflows
XRP ETFs have already attracted $8 million in net inflows this week, extending their positive streak to 13 weeks, while Bitcoin, E...
Bitcoin (BTC) Price Prediction: Slowing Whale Selling Offers Hope as $81.5K ETF Support Holds
On-chain data indicates that distribution from longer-term holders has slowed, offering some relief to the market. However, weaken...