Analyst: Bitcoin in August may fall to as low as $50k, and only in October will it truly hit the bottom

PANews July 20 news: Analyst Noname tweeted that this quarter’s Bitcoin will not bottom out. Sideways consolidation reflects indecision; at these price levels, indecision often breaks downward first, and only then breaks upward. At least another quarter will be needed before the market becomes clear. His forecast for the 2026 trend is as follows:

• July: False stability. Bear-market trap rebound. The market shakes out and eliminates the uncommitted
• August: The real breakdown begins. First test of the $50,000 area
• September: Ongoing pressure. A W-shaped bottom structure starts to form
• October: The real bottom. Accumulation zone. Individuals will take aggressive strategies at this stage
• November: Signs of recovery appear, and the bottoming rebound begins
• December: The first time since the bear market began, breaking above the $100,000 mark