Bitcoin (BTC) has officially entered its cyclical bear market phase in 2026, with continued price declines and a recent fall below the $65,000 mark. This ongoing turbulence has led experts to weigh in on when the cryptocurrency may finally stabilize. Notably, market analyst Crypto Patel has made headlines with his prediction on how many days are left until Bitcoin reaches its next major price bottom.
Bitcoin Bottom May Be 253 Days Away
On February 21, Crypto Patel announced that Bitcoin’s real bottom could still be approximately 253 days away. His outlook stems from a detailed analysis of prior cycles, using a multi-cycle BTC Bull/Bear market chart that he shared on social media. Patel’s forecast is based on empirical data from previous bear markets and the associated price movements.
His analysis draws parallels with the historic 2018 collapse when Bitcoin reached an all-time high of nearly $20,000 in late 2017, only to suffer a staggering 84.22% drop. That bear market endured for 396 days before the price stabilized and began to recover.
A comparable trend was also evident in the 2022 cycle, where Bitcoin peaked at around $69,000 in 2021, followed by a significant drop of roughly 77.57%. That decline lasted 395 days, closely mirroring the duration of the 2018 collapse. Such patterns suggest that timing plays a crucial role in discerning when Bitcoin might hit its lowest point and initiate a recovery cycle.
Patel’s chart reveals that both bear markets concluded near a vital support line, even as market sentiment was gripped by extreme fear and uncertainty. He emphasizes that historical patterns indicate negative sentiments typically peak just before the market touches its lowest lows.
BTC Projected To Crash 68% Before Recovering
By examining Bitcoin’s previous downturns, specifically the 84% and 77% declines, Crypto Patel foresees that the current bear market may result in a decline of approximately 68% before a recovery begins. Currently, Bitcoin is trading just above $63,000, having recently fallen from a peak above $126,000.
If Crypto Patel’s analysis holds, Bitcoin could plummet to around $40,000 by the end of this downturn, potentially matching the length of previous bear markets. However, there is an optimistic end to his projections; following this expected crash, Patel anticipates a substantial rebound for Bitcoin. He predicts a remarkable surge of nearly 610% from the bottom, which could see BTC reach an astounding $303,758. He has also pinpointed the $38,000 region as a possible support level, providing an entry point for investors looking to capitalize on the eventual recovery.
In conclusion, while the road ahead remains tumultuous for Bitcoin, the cyclical nature of its market, combined with historic data, suggests that potential opportunities for massive gains could arise for those willing to invest during these challenging times. As always, investors should navigate these turbulent waters with caution, keeping in mind the dynamic landscape of cryptocurrency markets.
