Bitcoin’s Descent: 253 Days to a Bottom?

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Following its lamentable descent in 2026, the world’s largest cryptocurrency, Bitcoin (BTC), has officially donned the somber mantle of a cyclical bear market. Trading sideways with the vigor of a sleepwalker, analysts predict further volatility and price declines, though the recent plunge below $65,000 has sparked a collective sigh of resignation. Amid this gloom, market oracle Crypto Patel has unveiled a cryptic countdown: the number of days until Bitcoin’s price reaches its nadir.

Bitcoin Bottom May Be 253 Days Away

On February 21, Crypto Patel, the seer of the crypto abyss, declared that Bitcoin’s true bottom could still lurk 253 days hence. With a chart on X, the analyst conjured a labyrinth of red zones, tracing the shadows of past bear markets. One might imagine him murmuring, “The cycles are cruel, but they are consistent.”

Crypto Patel’s analysis begins with the 2018 BTC collapse, a dramatic exit from $20,000 to a mere 15.78% of its peak. The decline, spanning 396 days, formed a long red zone on the chart-a testament to human folly. The price finally stabilized, rebelling against a rising macro trendline, as if rebuking the very notion of hope.

A similar pattern echoed in 2022, when Bitcoin plummeted from $69,000 to 22.43% of that glory. This downturn, lasting 395 days, mirrored its predecessor with the precision of a well-rehearsed tragedy. The analyst, ever the dramatist, insists that timing is the puppet master of market resets.

The multi-cycle chart reveals that both bear markets ended near an upward-sloping support line, a lifeline for BTC’s long-term structure. In each case, the market was ruled by fear, a cacophony of panic as prices descended to new lows. Crypto Patel, with the flair of a poet, has marked these moments, suggesting that despair peaks just as the market teeters on the edge of exhaustion.

BTC Projected To Crash 68% Before Recovering

Using the 84% and 77% crashes of yore as a grim playbook, Crypto Patel forecasts a smaller but still devastating correction. On the right side of the chart, he notes that BTC has already scaled a cycle top above $126,000-a fleeting triumph. The cryptocurrency has since retreated, trading slightly above $63,000, as if savoring the bitter aftertaste of hubris.

Crypto Patel predicts another 68% decline, a tempest of losses lasting 395 days, mirroring the previous cycles. If this bearish scenario materializes, Bitcoin could hit a final market bottom around $40,000 from its all-time high-a price that would make even the most stoic investor weep.

Following this crash, the analyst envisions a price recovery, a phoenix’s rise, before an explosive rally. He forecasts a surge of 609.96%, propelling BTC to $303,758. The $38,000 level, he suggests, could be a sanctuary for brave investors-or a trap for the desperate.

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2026-02-25 05:11