Popular cryptocurrency analysts continue to debate whether BTC has already bottomed in this cycle, and, interestingly, several agree that the actual capitulation event is not here yet, but it\u2019s close.<\/p>\n
Beyond predicting when it\u2019s supposed to occur, Ali Martinez went further by outlining potential bearish price targets.<\/p>\n
CryptoPotato<\/em> reported<\/a> yesterday the combined conclusion from Martinez, Rekt Fencer, Peter Brandt, and other analysts claiming that the long-anticipated and debated BTC bottom will take place in early October. The idea is simple, but it\u2019s surprisingly accurate \u2013 history.<\/p>\n Although historical performances do not guarantee a repeat, the fact that the primary cryptocurrency has bottomed out at approximately 364 after the bull market top on more than one occasion has the community waiting for October to see if it plays out again. As such, analysts speculate that the period between October 4 and 16 represents a potential macro bottom.<\/p>\n Since that sounds historically accurate and promising, given the fact that there are perhaps less than two months left, let\u2019s join the fun. Let\u2019s accept that bitcoin indeed bottoms at the start of Q4. The question that comes next is: at what price?<\/p>\n Martinez advised<\/a> investors to prepare and initiate a long-term dollar-cost-averaging strategy and accumulate more BTC within a wide range between $62,000 and $48,000. He described the latter as the \u201cfinal capitulation candle,\u201d and concluded that after that it would be \u201ctime to get BULLISH.\u201d<\/p>\n Fellow analyst Merlijn The Trader also weighed in on bitcoin\u2019s structure, indicating<\/a> that the RSI divergence that marked the previous market tops has built the same shape, but inverted, at the bottom now. In contrast to Martinez, he noted that the bottom might actually be closer, and he won\u2019t be waiting for a dip below $50,000, even though a monthly close beneath $58,000 would invalidate the pattern.<\/p>\n The evident dullness of the market hasn\u2019t deterred leveraged investors from opening big futures positions. Data shared by Ted Pillows shows that the BTC open interest has skyrocketed to a three-year high after a sharp uptick in the past week or so.<\/p>\n This means that every larger volatility spike will be exacerbated by the fact that there\u2019s so much leverage in the market now. Recall the events of the October 2025 massacre when such investors lost<\/a> over $19 billion as prices unraveled. And the BTC OI then was slightly lower than it is now. As such, Pillows concluded that so much leverage typically ends with lots of wrecked positions.<\/p>\n Bitcoin Open Interest is now at its highest level in 3 years.<\/p>\n Too much leverage is back, and this only ends with people getting rekt. pic.twitter.com\/N2WbQATT0x<\/a><\/p>\n \u2014 Ted (@TedPillows) August 15, 2026<\/a><\/p>\n\n The post How Low Will Bitcoin Go? Analysts Pinpoint a Bottom Date and Price Range<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Popular cryptocurrency analysts continue to debate whether BTC has already bottomed in this cycle, and, interestingly, several agree that the actual capitulation event is not here yet, but it\u2019s close. Beyond predicting when it\u2019s supposed to occur, Ali Martinez went further by outlining potential bearish price targets. When and How Low CryptoPotato reported yesterday the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-213866","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/213866"}],"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=213866"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/213866\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=213866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=213866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=213866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}OI Suggests Big Move Ahead<\/h2>\n