Crypto analyst Blade says a familiar Bitcoin price pattern could be pointing to a bear-market bottom — and he’s also laying out bullish targets for the next cycle. But not everyone agrees: another analyst, Colin, warns a drop to the mid-$60,000s is still possible.
What Blade is seeing
- In multiple X posts Blade highlighted a recurring end-of-cycle signal: a break of the monthly trendline and loss of support. Historically, he says, those breakdowns have been the moment the market calls for a deeper crash — and, paradoxically, where bottoms have formed “just as it has for 15 years.”
- After a bottom is found, Blade argues, Bitcoin typically builds a base and then begins the next leg up. He says 2026 is starting to look like a year when that bullish reversal could appear.
- Blade shared two charts with different timeframes and targets:
- A long-term projection that pegs a potential new cycle high near $400,000, a level his chart indicates could be reached by around 2030.
- A structural pattern labelled a “Megaphone Bottom,” where Blade suggests point 4 (the bottom) may already be in — possibly at February’s low near $60,000 — and that point 5 (the next upside target) could be roughly $160,000, which would be a fresh all-time high.
What Colin warns
- Analyst Colin pointed to a possible Head-and-Shoulders (H&S) top that is currently retesting its neckline. He says a rejection from the retest would be a strong confirmation of the H&S top.
- If that confirmation happens, Colin’s technical target would be a drop into the mid-$60,000 range — a move that would simultaneously break the H&S and the channel structure. He noted the market could “make a decision” within a day or two and also flagged a bear-flag formation as additional downside risk.
Where price stands now
- At the time of writing, CoinMarketCap lists Bitcoin at about $73,400, down over the past 24 hours.
Bottom line
- Blade’s analysis leans bullish over the medium-to-long term, pointing to cyclical bottoms, base-building and eventual new highs (targets he’s shared range from ~$160,000 to ~$400,000). Colin’s technical view is more cautious in the short term and warns a confirmed top could push BTC back into the mid-$60,000s.
- These are technical scenarios, not certainties — traders should watch the key levels Blade and Colin highlighted (roughly $60,000, mid-$60,000 neckline, $160,000 and the longer-term $400,000 projection) and manage risk accordingly.
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