Bitcoin To Suffer 40% Crash From All-Time High? Analyst Reveals ‘Final Target’
Sentiment around Bitcoin has suffered a major hit in recent weeks after the price fell below $100,000. This has led to a series of bearish predictions for the cryptocurrency, as many analysts and investors alike believe...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Sentiment around Bitcoin has suffered a major hit in recent weeks after the price fell below $100,000. This has led to a series of bearish predictions for the cryptocurrency, as many analysts and investors alike believe that the crash is far from over. One analyst, who goes by Mr. Wall Street on the X (formerly Twitter) platform, has predicted a step decline, revealing how low the Bitcoin price will go and when the crash should be expected to be over.
Bitcoin Headed below $60,000?In the post, Mr. Wall Street expressed that the Bitcoin price has already hit its cycle top, and as such, there is nowhere else to go but down. The chart points to possible price reversals for the cryptocurrency, but ultimately, all of these are expected to be short-lived and precede further crashes.
As the Bitcoin price struggles to reclaim $100,000, the crypto analyst warns that it is more likely to crash further, highlighting the $74,000-$82,000 level as the next major point of interest. This would mean that Bitcoin could see a more than 10% drop in price from this level.
However, the analyst doesn’t stop there ,as it seems the Bitcoin price is headed into another stretch of bear market. The year is already rapidly coming to an end, and the crypto analyst expects the year 2026 to be even more bearish.
By next year, Mr. Wall Street believes that the Bitcoin price could fall below $60,000, reaching as low as $54,000. The timeframe for this is set in the last quarter of 2026, but this would also mark the bottom. Given this, the analyst believes that the $54,000-$60,000 will be the best time to get into the asset to position for the next wave of upward movements.
Head And Shoulders Pattern Supports DeclineThe bearish sentiment is echoed by others such as Leshka.eth, whose recent analysis also points to a possible drop in price. The analyst shows that Bitcoin completed a head and shoulders pattern, with the neckline firmly in place. Given this, the price has entered into a state of reset, and this reset is far from over.
Interestingly, Leshka.eth also posits that the Bitcoin price will crash by over 40% from its all-time high prices. This was highlighted in an earlier post that predicts that BTC is headed for as low as $40,000. The timeline also suggests that this will happen sometime in 2026, before a bottom is established.
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
Vitalik’s new Lean Ethereum plan puts ETH’s Wall Street pitch on a 4 year clock
Vitalik Buterin's July 4 Lean Ethereum post put a clock on ETH's institutional story: a protocol pitched as financial infrastructu...
Vitalik Buterin Says Ethereum’s Next Major Upgrade Will Take Three to Four Years and Rival the Merge
Ethereum co-founder Vitalik Buterin says the network’s next major overhaul, an initiative researchers are calling “Lean Ethereum,”...
Solana News: Solana Hits $5.77B Tokenized Asset Volume in Q2 2026 All-Time High
Solana News: SOL closed Q2 2026 with $5.77 billion in tokenized asset spot volume, a quarterly all-time high confirmed by data ana...
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...
Russia’s Urals crude crashes below budget threshold, squeezing Kremlin finances and boosting crypto settlement rumors
Russia's budget strain from Urals crude drop may accelerate crypto adoption for trade, impacting global digital asset markets sign...
Ethereum Price Prediction: Vitalik Hints at 3-4 Years Long ETH Rebuild
Ethereum price is trading at $1,780 as Vitalik Buterin revealed the network’s biggest roadmap since the Merge, which somehow sends...