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
Bitcoin miner bottom signal now depends on who survives weak mining profits
A Bitcoin miner-stress signal circulating on X has fallen into a zone analysts associate with severe miner pressure, putting a fam...
Bitcoin needs trillions to go parabolic again as ETF demand fades
Bitcoin’s next major rally may depend less on whether investors still believe in the asset than on whether enough large balance sh...
Funds are buying crypto stocks. Are they exposed to less risk — or more?
Cathie Wood's ARK Invest bought roughly $77 million of crypto stocks in June, adding $44 million of Coinbase (COIN), $25.25 millio...
Nigel Farage faces probe following crypto aide’s secret support, report
Nigel Farage has been accused of breaking parliamentary rules after convicted criminal and crypto gambler George Cottrell apparent...
The $124 trillion Boomer wealth transfer could change crypto forever
The next leg of crypto adoption may already be taking shape in estate planning offices instead of on trading floors or in congress...
Grayscale says Strategy’s recent bitcoin sales should restore confidence in its financing structure
"Strategy is selling more bitcoin. But this will restore confidence in its financing structure and help bitcoin find a more durabl...