The expert pointed to previous price actions in May in previous years as examples of this mid-term year weakness. His chart, published alongside the post, pointed to four distinct bear markets, each annotated with the peak-to-trough decline.
The chart then projects a similar structure into 2026, which is a mid-term year, showing another possible 66.54% drop from the current price.
According to this outlook, the Bitcoin price is now at an identical inflection point, right where previous cycles began their most damaging legs down. Applying the average drawdown structure from prior mid-term cycles to the current price action, Crypto Patel projected a bottom zone anywhere between $50,000 and $30,000.
