Bitcoin Tumbles 50%, Analysts See Early Signs of Market Bottom

Bitcoin has fallen about 50% from its peak near $126,080 in October 2026 to around $63,000. Analytical models and on-chain data suggest early signs of a market bottom.

According to VanEck's models and on-chain data, long-term holders are facing significant unrealized losses, a typical cycle low indicator.

Technical analysts note oversold conditions and improving momentum, while some experts predict a bottom between $28,000 and $59,000 in late 2026.