In 2026-2027, BITCOIN may reach 57,000$
Pay attention to the weekly chart $BTC
The last time we saw this was in May 2022, the candle dropped below the weekly MA99 and a long and painful decline continued.
About the numbers: The ATH of Bitcoin before the fall was 69,198.70$ (November 2021) and the minimum of 15,443.20 we saw exactly a year later. The asset fell a little more than 77%
In the case of the same scenario, the price may fall to 29,000 by June 2027, and the return back to 126,208.50 we will see only in 2 years: in 2029, this is the most negative thing that can happen.
But such an outcome is unlikely, why? Look at the chart.
The first thing to note is the identical structure, and in both cases, the yellow support line has become resistance.
Second: it is the difference in the charts, the white circles mark the moments when the candles went beyond the weekly MA99, as you noticed last time this level was 0.5 by Fibonacci, today it is happening at the level of 0.618.
If the asset continues to decline, the next targets will be: 70,000, 57,000, and 41,000.
A reversal from 57,000 will look real, but from 70,000 it is more positive.
Like all coins, Bitcoin needs a correction, and no asset can grow without it; correction is just time for profitable purchases.
If the minimum price of Bitcoin is 57,000, then in 2029 we will see a new ATH possibly above 150,000.
The most positive outcome is a correction to 70,000, and by 2028 the price will return to 126,000, and then we will see new peaks.
Let's be realistic, sooner or later, the asset will still wait for a deep correction, so these are not frightening numbers, but quite real ones, nothing to be afraid of, Bitcoin will still reach 150,000 - 200,000.
What saddens is that the market will go into hibernation for many months.
What happens next will show time, the entire analysis is based only on previous movements and the search for patterns. Let's see at what level the current week will close.
2026 promises to be tough, but we must endure it!
By the way, the most positive thing in my opinion right now is $BNB
Undoubtedly, it reacts strongly to Bitcoin's swings, but assess the difference in the charts; it is not even planning to go to the support line yet.
