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A crypto analyst has shared his latest Bitcoin price forecastindicating a possible downturn. His evaluation breaks down technical indicators and macroeconomic data to predict necessary moves in the approaching months and years. The report stated multiple bearish targets for Bitcoin, warning traders to avoid excessive bullish expectations, especially because the market shows signs of entering a bearish phase.
Bitcoin price is anticipated to fall below $55,000
A crypto analyst who calls himself “Mr. Wall Street” on X released a whole technical breakdown of Bitcoin, providing each market and psychological insights while predicting a devastating decline to recent lows. He emphasized that BTC's bullish momentum collapsed earlier this yr, which is an indication of this Shift to a bear market.
Key technical indicators used to know Bitcoin's market position and direction signal the start of a bear phase. The expert emphasized that the weekly 50-period Exponential Moving Average (EMA50), the monthly Cross of the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI): bearish divergence now all point downwards.
Given this weakness, Mr. Wall Street has predicted that Bitcoin could initially test this again weekly EMA50 The goal is around $100,000 before the following decline occurs. The analyst stated that traders are probably planning Short positions within the range of $104,000 to $98,000, with a possible decline to $74,000 to $68,000. Looking ahead, he predicts that Bitcoin price could proceed to plummet by the fourth quarter of 2026, potentially falling to levels between $54,000 and $60,000.
Source: Chart from Mr. Wall Street on X
In support of his pessimistic forecast, the analyst cited the decline and pressure in non-crypto financial markets as aspects contributing to the market's overall bearish trend. He also mentioned that the The Bank of Japan (BOJ)'s planned rate of interest hike. adds to the present stress, together with market makers that went bankrupt in the course of the yr Flash crash on October tenth and are waiting to liquidate billions of dollars in spot assets.
Mr. Wall Street has rejected common bullish arguments similar to potential Resumption of quantitative easingHe explains that minor balance sheet operations by the Federal Reserve (FED) don’t signal a full QE cycle. He stressed that macroeconomic optimism doesn’t justify ignoring short and medium-term risks. Additionally, he warned that those that ignore the truth of a bear case will wish that they had cut the retested range of $100,000 to $125,000 a yr from now.
Look beyond what’s projected Bear cycleMr. Wall Street expects Bitcoin could eventually rise back to around $89,000 in 2027. He then expects the cryptocurrency to rise towards $110,000 and ultimately $160,000.
Macroeconomic aspects are contributing to the market decline
Mr. Wall Street also links his pessimistic Bitcoin forecast to the current Weakness basically macroeconomic conditions. He emphasized that BTC's difficulties are closely linked to the selections of central banks, especially the Federal Reserve.
According to the analyst the US economy Signs of decay began appearing in early 2025. He claimed that key indicators similar to deteriorating labor market data and misleading inflation figures were allegedly ignored. In addition, he emphasized that the inaction of the Fed and delayed rate of interest cuts prevented the needed economic easing and left markets and cryptocurrencies like Bitcoin vulnerable to corrections.
BTC is trading at $86,217 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com
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