Crypto analyst forecasts Bitcoins crash to $38k in 2026

Published: Friday, January 2, 2026 at 2:47 pm

Crypto Analysts Predict Bitcoin Price Dip in 2026

Several prominent analysts are forecasting a potential downturn for Bitcoin in the coming years, despite its current strong performance. The cryptocurrency, trading near $89,260 at the time of this report, is facing warnings of a significant price correction.

One respected on-chain cryptocurrency analyst, Ali Martinez, has identified a "death cross" technical signal using the 10 and 50-day simple moving averages. Historically, this signal has preceded substantial Bitcoin price drops. Martinez suggests a potential crash to between $38,000 and $50,000 in 2026, representing a significant percentage decrease from its current value. However, he also points out that such a correction could make Bitcoin an attractive long-term investment opportunity.

Adding to the bearish outlook, Mike McGlone, a senior commodity analyst at Bloomberg, also anticipates a Bitcoin crash towards $50,000 in 2026. McGlone's analysis is supported by the performance of the Bloomberg Galaxy Crypto Index, which fell 19% in 2025, suggesting a broader downtrend in the cryptocurrency market.

Furthermore, Bitcoin's performance in 2025 indicates a potential shift in market dynamics. The cryptocurrency broke its decade-long pattern of a three-year climb followed by a down year. Despite a strong start to 2025, Bitcoin closed the year approximately 8% down, suggesting that the market may be entering a more unpredictable phase.

BNN's Perspective: While these predictions highlight potential risks, it's important to remember that the cryptocurrency market is inherently volatile. The analysts' insights offer valuable context for investors, but should be considered alongside other market indicators and individual risk tolerance. The possibility of a correction could present a buying opportunity for those with a long-term investment horizon, but investors should proceed with caution and conduct thorough research.

Keywords: Bitcoin, BTC, cryptocurrency, crypto, price prediction, market analysis, death cross, simple moving averages, Ali Martinez, Mike McGlone, Bloomberg, 2026, investment, downtrend, market volatility

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