Bitcoin Forms Falling Wedge Pattern as it Prepares to Set Its Bear Market Bottom Price Before Reversal

• Bitcoin forms falling wedge pattern as it prepares to set its bottom. 
• The bear market bottom price is expected to be hit around the $54,000 price range.
• This gives whales a chance to accumulate before bullish momentum arrives. 

The crypto community sees downward momentum today after weeks of sideways movement. Could this be the start of the final leg down? Presently, analysts notice how Bitcoin forms falling wedge pattern as it prepares to set its bear market bottom price before reversal. Will the price of BTC set its bear market bottom in the $40,000 or $50,000 price range this year?

Bitcoin Forms Falling Wedge Pattern as it Prepares for Bear Market Bottom

Several reputed analysts have been calling for the bear market bottom price to arrive sometime between September and November 2026. In all likelihood, October 2026 is when the bear market bottom price should be set by Bitcoin (BTC), based on historical data. Over the last few months, the popular sentiment for the bear market bottom price target for BTC was in the $40,000 price range. 

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