The early 2026 cryptocurrency market has been marked by a fierce corrida between Bitcoin ($BTC) bulls and bears, with the former anticipating $BTC is set for another rally, and the latter estimating traders are facing the opening stages of another ‘crypto winter.’
Popular on-chain expert, Ali Martinez, is more on the bearish side as he, in a January 12 X post, revealed that Bitcoin will hit this cycle’s bottom in about 267 days – sometime in October 2026:
267 days remain until Bitcoin $BTC is projected to reach a cycle bottom, likely between $38,000 and $50,000.

Still, Martinez left some room open as he set his forecast within the range between $38,000 and $50,000 in the January 12 X post, signaling an expectation that the 2026 correction will be slightly milder than historical ‘winters.’
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finbold.com