Bitcoin, dropping to $55,000?... "Bottoming out and a money-printing party begins"

▲ Bitcoin (BTC)

A forecast has emerged that Bitcoin (BTC) will form a bottom at the $55,000 level in the second half of 2026.

On April 10 (local time), cryptocurrency media outlet Cointelegraph reported an analysis of Bitcoin's future bear market bottom. On-chain analysis platform CryptoQuant identified 2026 as the timing for Bitcoin's next bottom formation. Sunny Mom, a CryptoQuant contributor, diagnosed that the current market is in a marathon process of bottoming out. The view is that the final price decline process still remains.

Mom presented the Market Value to Realized Value Z-score (MVRV Z-score) as a key basis. This indicator compares the last movement price of Bitcoin's supply with its current market value. Historically, Bitcoin has bottomed out in undervalued periods when this index falls below 0. The current index is showing a downward trend but has not yet entered the desperate stage below 0.

The analyst predicted that past price patterns would repeat between October and December 2026. During this period, the MVRV Z-score is expected to fall below 0. Bitcoin's price will form an ironclad bottom between $55,000 and $60,000. Mom anticipated that a collection period of about two years would follow this bottom formation.

Bitcoin's next bull market peak is highly likely to be in the second half of 2029. This is because the market tends to reach its peak 12 to 18 months after the halving, which is scheduled for April 2028. The prediction is that after passing the bottom at the end of 2026 and going through a long accumulation process, a strong parabolic bull run will reappear in 2029.

Investors are closely monitoring long-term price cycles and changes in on-chain data. Price adjustments that occur as market overheating dissipates become a stepping stone for new growth. Bitcoin's trajectory over the next few years is expected to serve as a critical milestone determining the returns of the entire virtual asset market.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*