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Is Bitcoin Supercycle Truly On The Horizon? Analyst Predicts $31K Bottom In 2026


by Opeyemi Sule
for NewsBTC
Is Bitcoin Supercycle Truly On The Horizon? Analyst Predicts $31K Bottom In 2026

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AI Overview

Prominent analyst Ali Martinez forecasts Bitcoin (BTC) could drop to $31,800, a 65% decline from its current price around $88,528, based on historical fractal patterns. This contrasts with former Binance CEO CZ's bullish supercycle prediction for 2026. BTC has recently experienced a 1% decline and is echoing past price movements from 2022, suggesting a potential extended downward trend.

Bearish

The calls of a potential Bitcoin supercycle in 2026 intensified over the past week after former Binance CEO Changpeng ‘CZ’ Zhao — yet another prominent voice in crypto — laid out his predictions for the new year. However, a popular analyst on the social media platform X has released an opposing view, predicting a deep bottom for the BTC price this year.

BTC Price At Risk Of Further 65% Decline

In a January 25th post on the X platform, prominent crypto trader Ali Martinez said, in a sarcastic tone, that “the super cycle is super cycling.” In what seemed like a response to the buzz around CZ’s Bitcoin supercycle projection, the market pundit tempered the expectations with a $31,000 price bottom call for the premier cryptocurrency in 2026.

This bearish prediction is based on the appearance of price fractals on the BTC chart. For context, fractals are repeating patterns in price charts that can help map and project potential price movements for a particular cryptocurrency (Bitcoin, in this scenario).

Bitcoin

As observed in the chart above, the price of BTC is currently following a similar movement pattern as in 2022. The premier cryptocurrency, after initially setting a then all-time high around $67,000 in early 2021, witnessed a nearly 55% correction to just above the $30,000 level by mid-July.

While the price of Bitcoin recovered and went back to set a record high of above $69,000 by the end of 2021, the market leader spent the majority of the following year in a downward trend. Exacerbated by the various bearish events of 2022, BTC ended the year at a low of around $15,500.

Martinez believes that the Bitcoin price is undergoing a similar movement pattern, having experienced an over 32% decline before climbing to the current all-time high of $126,080. The market pundit postulates that the premier cryptocurrency is currently witnessing the extended decline that saw its price reach $15,500 in 2022.

However, it is worth mentioning that the target this time around lies at $31,800, nearly 65% drop from the current price point. Hence, if the historical patterns highlighted by Martinez are to go by, there seems to be a higher likelihood of the Bitcoin price embarking on an extended downward trend rather than a supercycle.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $88,528, reflecting an over 1% decline in the past 24 hours.

Bitcoin
Read the article at NewsBTC

In This News

Coins

$ 86.43K

-3.10%

$ 0.00329


Funds

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In This News

Coins

$ 86.43K

-3.10%

$ 0.00329


Funds

Share:

Read More

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Is Bitcoin Supercycle Truly On The Horizon? Analyst Predicts $31K Bottom In 2026


by Opeyemi Sule
for NewsBTC
Is Bitcoin Supercycle Truly On The Horizon? Analyst Predicts $31K Bottom In 2026

Share:

AI Overview

Prominent analyst Ali Martinez forecasts Bitcoin (BTC) could drop to $31,800, a 65% decline from its current price around $88,528, based on historical fractal patterns. This contrasts with former Binance CEO CZ's bullish supercycle prediction for 2026. BTC has recently experienced a 1% decline and is echoing past price movements from 2022, suggesting a potential extended downward trend.

Bearish

The calls of a potential Bitcoin supercycle in 2026 intensified over the past week after former Binance CEO Changpeng ‘CZ’ Zhao — yet another prominent voice in crypto — laid out his predictions for the new year. However, a popular analyst on the social media platform X has released an opposing view, predicting a deep bottom for the BTC price this year.

BTC Price At Risk Of Further 65% Decline

In a January 25th post on the X platform, prominent crypto trader Ali Martinez said, in a sarcastic tone, that “the super cycle is super cycling.” In what seemed like a response to the buzz around CZ’s Bitcoin supercycle projection, the market pundit tempered the expectations with a $31,000 price bottom call for the premier cryptocurrency in 2026.

This bearish prediction is based on the appearance of price fractals on the BTC chart. For context, fractals are repeating patterns in price charts that can help map and project potential price movements for a particular cryptocurrency (Bitcoin, in this scenario).

Bitcoin

As observed in the chart above, the price of BTC is currently following a similar movement pattern as in 2022. The premier cryptocurrency, after initially setting a then all-time high around $67,000 in early 2021, witnessed a nearly 55% correction to just above the $30,000 level by mid-July.

While the price of Bitcoin recovered and went back to set a record high of above $69,000 by the end of 2021, the market leader spent the majority of the following year in a downward trend. Exacerbated by the various bearish events of 2022, BTC ended the year at a low of around $15,500.

Martinez believes that the Bitcoin price is undergoing a similar movement pattern, having experienced an over 32% decline before climbing to the current all-time high of $126,080. The market pundit postulates that the premier cryptocurrency is currently witnessing the extended decline that saw its price reach $15,500 in 2022.

However, it is worth mentioning that the target this time around lies at $31,800, nearly 65% drop from the current price point. Hence, if the historical patterns highlighted by Martinez are to go by, there seems to be a higher likelihood of the Bitcoin price embarking on an extended downward trend rather than a supercycle.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $88,528, reflecting an over 1% decline in the past 24 hours.

Bitcoin
Read the article at NewsBTC

In This News

Coins

$ 86.43K

-3.10%

$ 0.00329


Funds

Share:

In This News

Coins

$ 86.43K

-3.10%

$ 0.00329


Funds

Share:

Read More

Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard

Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard

Crypto researcher Axel has provided insights into why the Bitcoin, Ethereum, and Sola...
Bitcoin Whale Demand Hits Extreme Levels As Next Rally Loads Up

Bitcoin Whale Demand Hits Extreme Levels As Next Rally Loads Up

The Bitcoin price action has been muted over the past few days, trading within the $9...