Analyst Sees Bitcoin Sliding Toward $70,000 As 2021 Fractal And 2026 Supercycle Thesis Emerge
Bitcoin is trading near $87,370 after losing the $90,000 support level and falling more than 30% from its peak above $126,000, echoing patterns seen in late 2021. One expert applies a 2021-style fractal and argues BTC could decline about 20% toward $70,000, while other analysts debate whether this leads into an extended bear market or a new supercycle with fresh all-time highs projected for 2026.