Galaxy Research Predicts Bitcoin Bottom in $40K-$46K Range Before Q4 2026, Currently 51% Below Peak

According to Galaxy Research, Bitcoin's current correction has fallen 51% from its October 2025 peak, and the research firm predicts the cycle bottom will likely form in the $40,000 to $46,000 range before the fourth quarter of 2026.

The report noted that Bitcoin's four-year cycle pattern remains valid, with historical peak-to-trough declines of 85% (2013), 84% (2017), and 77% (2021). Given the current cycle's milder peak, Galaxy expects a relatively shallow bottom. The firm emphasized that only eight months have passed since the peak, below the historical 12-13 month timeframe typically required for cycle bottoms to form, and most cycle-bottom signals have not yet appeared.