Ultimate bear market bottom? 🐻

Bitcoin could fall to $55,000 before recovering, CryptoQuant analysts said this week—but others have called for lows of $38K.

Author

Andrew Hayward
February 14, 2026

📝 What you need to know

Bitcoin hasn’t had the best run lately, with the top cryptocurrency now about 45% off its October peak at a recent price above $69,000—but analysts are betting that there’s more short-term pain ahead before a potential rebound.

CryptoQuant joined the growing pile this week, calling for an “ultimate bear market bottom” ahead of $55,000. That’s the realized price for BTC, which the firm’s analysts said “historically has been a major price support area in previous bear markets.”

Galaxy recently projected a potential bottom of $58,000, while Standard Chartered penciled in a drop to $50,000. But some analysts are even more bearish, with financial services firm Stifel recently saying Bitcoin could fall as low as $38,000.

Bitcoin Is Down Bad, But Hasn't Yet Hit Its 'Ultimate Bear Market Bottom': Analysts

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