Bitcoin is expected to reach a low of approximately $35,000 by December 2026, according to an updated halving-cycle model based on four previous Bitcoin cycles. This projection follows a significant decline from a peak of $126,219, representing a projected drawdown of 72.5%. The model suggests this trough will mark the beginning of the next bull market phase in the cryptocurrency’s cycle.
The analysis indicates that the current cycle’s peak has already been reached, and the downward movement is consistent with historical patterns observed during past halving cycles. While sentiment remains neutral, the model provides a framework for anticipating future price movements based on long-term trends. The upcoming bottom is seen as a critical turning point, setting the stage for renewed upward momentum in Bitcoin’s value.