Bitcoin Sinks Below $90,000: Popular Analyst Says This Is When BTC Will Reach Market Bottom

An influential cryptocurrency analyst predicted Monday when Bitcoin (CRYPTO: BTC) is likely to hit its bottom, even as the leading cryptocurrency crashed below $90,000.

Another Year Of Bearish Pain?

Ali Martinez made a bold prediction for X, saying that the apex cryptocurrency would bottom in October 2026. They based their projection on the historical trend of Bitcoin bear markets lasting “364 days.”

Martinez cited examples from the 2017-18 market, where BTC bottomed in December 2018 after peaking in December 2017, and the 2021-22 market, when the leading cryptocurrency hit its lowest point in November 2022 after peaking a year ago.

“Assuming Bitcoin reached a market top on Oct. 6 at $126,200, the next market bottom could be in October 2026, presenting an ideal buying opportunity,” the analyst stated.