PANews
PANews|Jul 20, 2026 00:14
[Analyst: Bitcoin May Dip to $50,000 in August, True Bottom Only in October] Analyst Noname tweeted that Bitcoin will not reach its bottom this quarter. Sideways consolidation reflects indecision, and at such price levels, indecision often leads to a downward breakout before an upward breakout. It will take at least another quarter for the market to become clear. Their forecast for the 2026 trend is as follows: July: False stability. Bear market trap rebound. Market reshuffles to eliminate weak hands. August: The real crash begins. First test of the $50,000 region. September: Continued pressure. W-shaped bottom structure begins to form. October: The true bottom. Accumulation zone. Personally, I will adopt an aggressive strategy during this phase. November: Signs of recovery, bottoming out and beginning to rebound. December: For the first time since the bear market began, breaking through the $100,000 milestone.
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