The bear market for Bitcoin will take place in October with a bottom target of 50,000 dollars.

Bitcoin may only have one month left before the end of the four-year cycle, leading to a collapse down to $50,000. Recent remarks from Joao Wedson, the founder and CEO of the cryptocurrency analysis platform Alphractal, also set a price target for BTC at $140,000.

Can Bitcoin escape the predicted bear market?

Bitcoin is facing a decisive moment as the bull market has just experienced a 15% correction from its all-time high. Amid concerns about the future, Wedson believes that the possibility of a new bear market could begin as early as October is very feasible.

He shared charts about the so-called "Repeating Fractal Cycle" on platform X, showing that BTC/USD is approaching the time when bear markets typically occur historically.

"Sure, it would be reckless if we solely relied on this chart to assume that Bitcoin has just over a month left in this cycle. However, I can't help but think that — this could be enough time for BTC to drop to around 100,000 dollars before surging past 140,000 dollars within the same timeframe. Who dares to doubt this scenario?"

The repeating fractal cycle chart of Bitcoin | Source: Joao Wedson/XWedson emphasizes that the current cycle is very different from previous cycles, thanks to the presence of large institutional investors and Bitcoin's advancement to a major asset position.

"The real question is whether this fractal can maintain its reliability amid strong speculation surrounding ETF funds and the increasing organizational demand," he said.

A bear market of macro assets in the U.S. may be a decisive factor that poses challenges for Bitcoin supporters if it coincides with the bear market timeline of the fractal. The most important question is the status of the four-year price cycle in the context of increasing debate about its relevance in 2025.

As October arrives and if the bearish market factors increase, the BTC price bottom targets, which have been identified as bold, now also include another level in the sights for October 2026. Wedson stated:

"Personally, I am very eager to see whether the new wave of cryptocurrency enthusiasts is right in claiming that the four-year cycle has ended and Bitcoin will rise forever — or will 2025 mark the last breath before a strong correction, with the possibility of prices dropping below $50,000 in the bear market of 2026."

Everyone is focused on the BTC 100,000 price battle

According to a report from Bitcoin Magazine, investors in the market are hopeful for a retest of the $100,000 support level as part of the current correction.

A trader even predicts that this event will occur this week. He stated that the bullish market will end if supporters cannot maintain the $100,000 level. BTC/USD is currently trying to break a downtrend line, which has formed a ceiling for prices throughout the correction that started in mid-August.

% change chart of BTC/USD| Source: Killa/X "This chart will determine whether $BTC breaks below 100K or surpasses a new ATH," trader Killa shared with followers on X on Thursday.

Mr. Teacher