Bitcoin fit hit $50K after e enter bear market for October
Analyst Joao Wedson wey dey work for Alphractal dey warn say Bitcoin fit enter bear market as early as October, e fit drop reach $50,000 capitulation bottom by late 2026 based on historic four-year cycle patterns. Ongoing ETF inflows, plus increasing institutional demand and Asia-US liquidity fit hold prices small, but if expectations no meet, sharp decline fit happen. Traders dey watch $100,000 support level sharp; if e fail hold dis level, e fit confirm new bear phase, but if dem fit protect am, e fit lead to new all-time highs. Meanwhile, some market people dey expect rally reach $140,000 because of global liquidity and possible US political wahala for Q4 2025. Now, debate be whether traditional four-year cycles still dey reliable as market dynamics dey change.
Bearish
Wedson forecast for October bear market and possible $50K capitulation bottom dey highlight short-term bearish pressure for Bitcoin, especially as traders dey watch $100,000 support test. If e break below dis level, decline fit quicken, but if e hold, e fit bring relief rally. Long-term impact go depend on ETF inflows, institutional demand and global liquidity cycles; if market expectations no meet, bear phase fit last longer, but strong support and fresh liquidity surges fit bring back bullish momentum go $140K within di cycle.