Bitcoin Cycle Bottom: Analysts Eye October 2026 for Definitive Low

Analysts are predicting that Bitcoin's cycle bottom will occur in October 2026, with price targets ranging from $40K to $50K. Benjamin Cowen and Peter Brandt, two prominent market analysts, believe that this is the most likely period for the definitive cycle bottom.

Cowen's analysis is based on historical cycles, which have shown that major cycle bottoms tend to arrive roughly a year after the corresponding market peak. He expects August and September to remain potentially weak months, with the market potentially beginning to form a bottom around mid-October.

Brandt, on the other hand, places greater emphasis on historical price behavior and chart structures. He believes that Bitcoin could still fall toward the $40,000-$50,000 range before the current cycle fully resets.