Analyst Sees Bitcoin Bull Trend Broken, Flags Possible Drop Toward $60,000 by Late 2026

Bitcoin has retreated from around $126,000 to about $90,000 since early October, and analyst Mr. Wall Street believes a larger downturn may follow after a rebound toward $100,000. He cites weakening US economic data, delayed Federal Reserve easing, and multiple bearish technical signals as reasons for expecting BTC to slide first toward the $68,000–$74,000 zone and potentially down to $54,000–$60,000 by the fourth quarter of 2026. Another analyst, Doctor Profit, also maintains that Bitcoin is still in a bear market and has not yet found a bottom.