Bitcoin's next bottom may not arrive until late 2026
On-chain research firms and cycle analysts are projecting late 2026 as the most likely time for Bitcoin to make its cycle low. Those who agree with this scenario note that a further macroeconomic deterioration or a regulatory crackdown could cause the price to bottom in 2027.
The global crypto market has witnessed some heavy sell-off over the first half of 2026. Its cumulative market cap stands at around $2.18 trillion. Bitcoin price is down by more than 27% on the year-to-date (YTD).
Late 2026 is the projected time for Bitcoin to bottom
A Glassnode report highlights Q3 as a possible bottom, noting early accumulation, while Mudrex Learn suggests October 2026 to December 2026 as the most probable period, with a low of $50,000 to $55,000, according to Anupam Dodecha’s analysis.
Both on-chain research firms suggest a market closer to a bottom than to a top. Mudrex report notes that Bitcoin recently hit a low of $60,000 in recent weeks before recovering, a bounce it read as evidence of buyer support rather than a confirmed floor. As of July 12, The Motley Fool put Bitcoin near $63,853, saying the crypto was in its worst bear market since 2022.
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