As geopolitical tensions escalate globally, Bitcoin showcases notable resilience by rising over 12% since the end of February. This rise challenges analysts and traders to predict whether the current market cycle has reached bottom, leading to speculation about possible future declines.
When will Bitcoin hit its lowest point?
Benjamin Cowen, the CEO of Into The Cryptoverse and a former NASA researcher, sheds light on Bitcoin’s trajectory. His analysis identifies consistent timing patterns across historical Bitcoin cycles, typically bottoming out roughly a year after a cycle peak. Cowen’s research suggests the next bottom could occur around October 2026, a year following a projected all-time high in October 2025.
Though he leaves room for an earlier bottom in May, Cowen sees this scenario as less likely unless there is an unusually sharp decline. He asserts the October prediction remains robust as long as Bitcoin’s annual returns align with past midterm election years.
“The base case has to just simply be that it’ll bottom when the other two cycles bottom, which is about a year after the top; the most likely scenario is October of 2026,” Cowen explained.
Other experts share a similar outlook. Joao Wedson, from the analytics platform Alphractal, highlights the decaying trend in chart data between halving events and cycle tops. His analyses echo Cowen’s timeframe, pinpointing late September or early October 2026 as potential bottoms. CryptoQuant data further narrows this window, suggesting a likely bottom between September and November 2026.
Why did sentiment turn from euphoria to apathy?
Unlike the euphoric peaks of 2017 and 2021, Cowen observes that the recent market rise topped amidst widespread apathy. This contrast has kept altcoins from rallying alongside Bitcoin—an occurrence linked historically to peaks driven by strong retail enthusiasm.
“This is a cycle where Bitcoin topped on apathy rather than euphoria, and the only other time this happened was in 2019. When you top on apathy, you don’t get that same rotation,” Cowen remarked.
The absence of euphoria indicates a market evolution toward maturity, signaling a shift to a cautious investor sentiment. Bitcoin’s periodic halving events continue to affect market dynamics, given their historical impact as catalysts for price movements. Currently, Bitcoin is valued at $73,831, remaining significantly lower than its last peak.
Key takeaways from current market assessments include:
- Bitcoin’s cycle is expected to bottom around a year after reaching its peak, aligning with historical patterns.
- An earlier market bottom is unlikely without a significant unexpected downturn.
- Shifts in market sentiment could suggest a maturing crypto environment.
- Bitcoin’s reduced peak price compared to its last high reflects prevailing investor caution.
As Bitcoin trades considerably below its all-time high of $126,000 from October 2025, market observers and participants continue to watch conditions closely, gauging the cryptocurrency’s direction as the next halving event approaches.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

















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