A crypto analyst has stated that the Bitcoin price remains firmly in a bear market, portending more volatility and pain for the world’s largest cryptocurrency. The expert also noted that BTC has done that entered the final phase of this bearish phasea period in which the market is expected to reach its lowest levels in addition to extremes Fear, Uncertainty and Doubt (FUD). In his view, the analyst projected a timeline for when Bitcoin could complete its latest capitulation move and hit a long-awaited bottom. He also outlined a likely target range for this expected price floor.
Bitcoin will face more declines in the final bear phase
Pseudonymous crypto analyst No Name has broken down his Bitcoin price forecasts in this bear cycle. In an X-post on June 9, the expert said announced that the leading cryptocurrency has officially entered the second and final phase of its bear market phase.
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No name noted that this is typical bear market cycle does not end or begin randomly, suggesting that it moves in a well-structured, methodical manner. Using a detailed chart, the analyst explained that a normal bull market goes through six phases, while a bear market goes through just two – characterized by a major price crash and complete disinterest.
During the first bearish phase of this cycle, Bitcoin’s price fell sharply, destroying the bullish narrative surrounding the cryptocurrency. This downturn followed a record-breaking rally in October 2025as Bitcoin soared past $126,000 and set a new all-time high. Since then, cryptocurrency has done just that continued to show a downward trendwhich recently fell below $60,000 at one point this month.
In particular, the second bear phase, which the market is currently in, has historically been characterized by slow, sideways price movements and extremely low investor sentiment. This is because enthusiasm and interest in Bitcoin are plummeting, prompting many participants to exit the market. During this phase, trading volumes typically drop and price volatility decreases Fear dominates investor behaviorwhich often leads to prolonged periods of stagnation.
In its analysis, NoName noted that both bear market phases typically last about 350 days each. With the first phase in this cycle already completed, the calculation suggests that Bitcoin’s ongoing bear trend could end in October 2026. The analyst confirms this and expects the price of BTC to rise. its final cycle bottom within a key target range around that timeline. Based on his chart, this price floor is currently between $47,000 and $51,000, in line with the MA 350.
Analysts predict BTC to crash next week and ATH next year
For the shorter term, crypto analyst Kabuki expects that Bitcoin could crash to $54,000 as early as next week. He expected the cryptocurrency will also continue this decline, likely reaching an eventual price bottom around $47,000 by July 2026.
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He supported his bearish view by noting that Bitcoin is currently at historic levels where every bull trap ends. Once the July bear market capitulation is over, Kabuki predicts a new bull trend could emergeThis could potentially pave the way for BTC to reach a new all-time high of around $151,000 by January 2027.
Featured image from Getty Images, chart from Tradingview.com