{"id":156556,"date":"2026-04-26T14:00:54","date_gmt":"2026-04-26T14:00:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=156556"},"modified":"2026-04-26T14:00:54","modified_gmt":"2026-04-26T14:00:54","slug":"analyst-who-called-bitcoins-top-correctly-now-predicting-the-bottom","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=156556","title":{"rendered":"Analyst Who Called Bitcoin\u2019s Top Correctly Now Predicting The Bottom"},"content":{"rendered":"

Bitcoin has spent April staging a recovery from<\/a> its March lows, briefly climbing back above $79,000. However, not everyone is convinced of the rebound, <\/a>and some analysts believe the move is only a mid-bear-market rally before a deeper correction.\u00a0<\/p>\n

One such analyst is one that previously predicted a coming peak in July 2025. Now, the same analyst is predicting how far the Bitcoin price still has to fall before it puts in a true bottom.<\/a><\/p>\n

Analyst Uses Previous Top Model To Predict Bitcoin Bottom<\/h2>\n

Crypto analyst Killa made a cycle-top prediction<\/a> of $121,362 back in June 2025. This call was made months before Bitcoin reached its all-time high of $126,100 in October 2025 and it was off by only about 3.9%. Now, using the same analytical framework that generated that call, Killa has turned the model toward the downside.<\/p>\n

The principle behind the projection is that each successive Bitcoin market cycle produces a smaller multiple relative to the prior cycle\u2019s bottom, reflecting the maturation of the asset. His data across five cycles shows the high-to-bottom multiple declining from 15.50x in the first cycle to 7.64x, then 6.26x, and then 4.47x in Cycle 4, where Bitcoin peaked at $69,800 before bottoming at $15,600.<\/p>\n

Applying the same rate of reduction, Killa projects the current cycle\u2019s multiple at 3.25x, dividing the $126,100 cycle top to arrive at a base bottom target of $38,800.<\/p>\n

To account for the 5% variance that offset his top prediction, he added in two upside scenarios of $40,740 and $42,680. Even at the top of that range, Bitcoin would still be well below the $60,000 level that some market participants have cited as the correction bottom.\u00a0<\/p>\n\n

Bitcoin Price Chart. Source: @KillaXBT On X<\/a><\/p>\n

At the time of writing, Bitcoin is trading at $78,015, meaning a move to $42,680 would still require a drop of about 45%, while a further drop to $38,800 would be close to a 50% correction from current prices.<\/p>\n

Three Years Up, One Year Down<\/h2>\n

Killa\u2019s bottom projection finds support from a separate analysis by analyst CryptoBullet, who approached the question of a bottom from a symmetry standpoint.\u00a0<\/a><\/p>\n

CryptoBullet\u2019s weekly Bitcoin chart <\/a>characterized the current cycle as a five-wave Elliott Wave advance beginning in late 2022, with Wave 5 completing around the $126,000 high in October 2025. The subsequent correction, labeled as a W-X-Y corrective structure in blue, projects a final Wave Y leg down below $50,000 to $45,000.\u00a0<\/p>\n\n

Bitcoin Weekly Chart. Source: @CryptoBullet1 On X<\/a><\/p>\n

According to the analyst, three years of upward price action from the November 2022 bottom through the 2025 peak cannot reasonably be corrected in less than a year of decline. The current bear phase is shown extending into the second half of 2026 before the bottom structure can be completed.\u00a0<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin has spent April staging a recovery from its March lows, briefly climbing back above $79,000. However, not everyone is convinced of the rebound, and some analysts believe the move is only a mid-bear-market rally before a deeper correction.\u00a0 One such analyst is one that previously predicted a coming peak in July 2025. Now, the […]<\/p>\n","protected":false},"author":0,"featured_media":156557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-156556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/156556"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=156556"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/156556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/156557"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=156556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=156556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=156556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}