According to crypto analyst Bee, Bitcoin (BTC) hasn’t hit its lowest price yet, despite recently going above $80,000. While many see the recent increase as a sign of recovery, Bee believes Bitcoin is still in a downward trend and will likely fall further before it starts to rise consistently. Other analysts predict a bottom around $50,000, but Bee anticipates an even lower low.
Bitcoin Price Set To Bottom Around $42,000
On May 11th, a post on X from an analyst known as Bee suggested Bitcoin is close to hitting its lowest point in the current market cycle. They shared a video analyzing charts and past trends to back up their prediction that the price of Bitcoin will likely fall further.
According to the analyst’s chart, Bitcoin has been moving in a complex pattern since hitting its highest price of over $126,200 in October 2025. After that peak, the price dropped to $82,167, establishing a new low and beginning an upward trend within a larger downward trend. Bitcoin then traded within a relatively stable range for several months before climbing again to around $97,855, reaching the upper limit of this pattern.
Following a brief peak, Bitcoin’s price started to fall again, but this time the drop was much steeper. By around February 2026, it had reached $59,900, hitting a low point that many experts believe was the bottom of its most recent price cycle.
Bitcoin has been consistently climbing in price since reaching a recent low, although it’s experienced some dips and fluctuations along the way. It recently surged past $83,000, but struggled to maintain that level. According to one analyst, this suggests the price could now fall sharply, potentially dropping to around $43,035. This would be a significant decrease – over 45% – from its current price of around $79,000.
BTC Rally To $100,000 Will Only Come After Bottom
Bee recently analyzed bear market trends and found they usually last about a year. He noted that Bitcoin was currently 217 days into its current downturn, leading him to believe the price could still fall further before reaching a low. He expects another significant price drop before the market recovers.
Bee believes that once Bitcoin hits its lowest price point, the market will likely stabilize and then steadily rise back to $100,000 by 2027. He emphasizes that this price won’t be reached until after the bottom is established, indicating he still views the overall market trend for Bitcoin as negative, even with recent gains and changing opinions.
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2026-05-15 02:50