According to analyst Bee, Bitcoin could reach its cycle bottom at $30,000 by October 2026 based on a historical 400-day bear market pattern that has recurred for over a decade. Bee's analysis, shared on X, suggests BTC still faces 112 to 148 days of downward pressure, potentially representing a decline exceeding 75% from current levels near $126,000.
Crypto analyst Ted Pillows has issued a similar forecast, projecting Bitcoin's final bottom between $30,000 and $40,000 during Q3 or Q4 of 2026. Pillows noted that if the current bear cycle mirrors the 2022 pattern, BTC should reach its floor by late Q3 or early Q4. Both analysts dismissed expectations of a $100,000 BTC recovery in 2026.