A cryptocurrency analyst said Bitcoin’s price remains in a bear market, predicting more volatility and pain for the world’s largest cryptocurrency. The expert also noted that BTC does has entered the final phase of the bear marketthat is, the period during which the market is expected to reach its lows next to its extremes Fear, uncertainty and doubt (FUD). In his forecast, the analyst predicted a timeline for Bitcoin to complete its final capitulation move and establish a long-awaited bottom. He also outlined a likely target range for this projected price point.
Bitcoin faces bigger declines in the final bear phase
Pseudonymous cryptocurrency analyst No Name has broken down his Bitcoin price predictions in this bear cycle. In X’s post from June 9, the expert announced that the leading cryptocurrency has officially entered the second and final stage of the bear market.
No Name noted that this is typical bear market cycle it doesn’t end or start randomly, suggesting that it moves in a well-organized, methodical way. Using a detailed chart, the analyst explained that a normal bull market goes through six stages, while a bear market only has two stages – characterized by a severe price crash and a complete lack of interest.
During the first bearish phase of this cycle, Bitcoin’s price plummeted, shattering the sanguine narrative around the cryptocurrency. This decline occurred after: record rally in October 2025when Bitcoin surpassed $126,000, setting a modern all-time high. Since then, cryptocurrency has continued to show a downward trendit recently dipped below $60,000 at some point this month.
It is worth noting that the second bear phase that the market is currently in is historically characterized by leisurely, sideways price movement and extremely low investor sentiment. This comes as enthusiasm and interest in Bitcoin plummets, prompting many participants to exit the market. In this phase, trading volume usually decreases, price volatility decreases and fear dominates investor behavioroften leading to longer periods of stagnation.
In its analysis, NoName noted that both phases of bear markets typically last about 350 days each. Since the first phase of this cycle has already been completed, the math suggests that the ongoing Bitcoin bear trend could end in October 2026. Confirming this, the analyst expects the BTC price to reach its last cycle low in a key target range on this timeline. His chart shows that the reserve price is currently between $47,000 and $51,000, which equates to an MA of 350.
The analyst predicts a BTC crash next week and an ATH crash next year
In the compact term, cryptocurrency analyst Kabuki predicts that Bitcoin could fall to $54,000 as soon as next week. He expects the cryptocurrency will also extend this decline, likely reaching a final floor price of around $47,000 by July 2026.
He backed up his bearish outlook by noting that Bitcoin is currently at a historic high that everyone is at bull trap ends. When the bear market capitulates by July, Kabuki predicts it a modern bull trend may emergepotentially paving the way for BTC to surge to modern all-time highs around $151,000 by January 2027.
Featured image from Getty Images, chart from Tradingview.com
