A crypto analyst has said that Bitcoin is still firmly in a bear market, and warned that more volatility and tough times are ahead for the world’s largest cryptocurrency. The expert also pointed out that Bitcoin has entered the final stage of this bearish phase—a period when the market is expected to hit its lowest point, accompanied by extreme fear, uncertainty, and doubt (FUD). In his analysis, the expert gave a timeline for when Bitcoin might complete its final sell-off and finally reach a long-awaited bottom. He also shared a likely price range for that projected floor.
Bitcoin Could See More Losses in the Final Bear Phase
A pseudonymous crypto analyst known as No Name has laid out his price predictions for Bitcoin during this bear cycle. In a post on X on June 9, the analyst announced that the leading cryptocurrency has officially entered the second and final stage of its bear market.
Related Reading: Bitcoin Price Is Headed To $150,000 In These 4 Scenarios Shared By This Analyst
No Name noted that a typical bear market cycle doesn’t just start or end randomly—it follows a structured, methodical pattern. Using a detailed chart, he explained that a normal bull market goes through six stages, while a bear market only has two: a major price crash and a period of complete disinterest.
During the first bearish phase of this cycle, Bitcoin’s price dropped sharply, crushing the optimistic narrative around the cryptocurrency. This downturn followed a record-breaking rally in October 2025, when Bitcoin surged past $126,000 to set a new all-time high. Since then, the cryptocurrency has continued to trend downward, recently dipping below $60,000 at one point this month. Notably, the second bear phase—where the market is now—has historically been marked by slow, sideways price movement and extremely low investor sentiment. As enthusiasm and interest in Bitcoin fade, many participants are leaving the market. During this phase, trading volumes usually drop, price volatility narrows, and fear dominates investor behavior, often leading to long periods of stagnation.
In his analysis, No Name noted that both bear market phases typically last about 350 days each. Since the first phase is already complete in this cycle, the math suggests that Bitcoin’s ongoing bear trend could end in October 2026. Confirming this, the analyst expects Bitcoin’s price to hit its final cycle bottom within a key target range around that time. Based on his chart, this price floor currently sits between $47,000 and $51,000, aligning with the MA 350.
Analyst Predicts Bitcoin Crash Next Week and New All-Time High Next Year
For a shorter-term outlook, crypto analyst Kabuki projects that Bitcoin could crash to $54,000 as soon as next week. He also expects the cryptocurrency to extend this decline, likely hitting a final price bottom around $47,000 by July 2026.
Related Reading: What The Bitcoin Price Is Doing Now After Bouncing From $59,000
He backed his bearish outlook by noting that Bitcoin is currently at a historical level where every bull trap ends. Once the bear market sell-off is complete by July, Kabuki predicts that a fresh bull trend could emerge, potentially driving Bitcoin to new all-time highs around $151,000 by January 2027.
Featured image from Getty Images, chart from Tradingview.com
Frequently Asked Questions
Here is a list of FAQs based on the statement An analyst says Bitcoins price has entered the final stage of the bear market
BeginnerLevel Questions
Q1 What does final stage of the bear market mean
It means the analyst believes the worst of the price drop is over The market is likely near the bottom and a recovery or new upward trend could start soon
Q2 Is this a guarantee that Bitcoin will go up now
No Its just one analysts prediction Markets are unpredictable It could still drop further or stay flat for a while before rising
Q3 Does this mean I should buy Bitcoin right now
Not necessarily You should do your own research and consider your risk tolerance Buying at the final stage can be risky because no one knows the exact bottom
Q4 How can I tell if we really are in the final stage
Look for signs like prices stop making new lows trading volume dries up negative news stops causing big drops and longterm holders stop selling
Q5 What happens after the final stage of a bear market
Typically the market enters a accumulation phase where prices move sideways followed by a new bull market
AdvancedLevel Questions
Q6 What specific indicators does the analyst use to call the final stage
Analysts often look at metrics like the MVRV ZScore Puell Multiple or the 200week moving average They also watch for capitulation events and a drop in exchange inflows
Q7 How does this final stage compare to previous Bitcoin bear markets
Historically the final stage lasts several months and involves low volatility and sideways price action In 2018 this phase lasted about 6 months before the 2019 rally The current cycle shares similar onchain patterns but with different macro factors
Q8 Could the final stage be triggered by a specific event
Yes A positive catalyst can end the bear market early A negative one could prolong it The final stage can also be