Bearish Analyst Declares Q2 2026 to Be a Bloody One for the Crypto Market

• Bearish analyst declares Q2 2026 to be a bloody one for the crypto market.

• He expects the price of BTC to likely set a bottom during this time.

• He calls for an inevitable recession as oil prices could surge.

As the new month and start of Q2 2026 kick off, differing expectations take over the crypto market. While bullish analysts believe that Q2 will see an extension to the bull cycle based on the 5-year super cycle theory, bearish analysts are expecting more red closes. In particular, one bearish analyst declares Q2 2026 to be a bloody one for the crypto market. How low will BTC dip this year?

Bearish Analyst Declares Q2 2026 to Be a Bloody One

Ever since bullish analysts noticed that March closing in red marked a sixth consecutive close in red, bullish expectations grew stronger. This is because the last time BTC closed six consecutive months in red, the price of BTC pulled a 300% price pump over the next 5 months. Thus, bullish analysts believe this to be a major pattern to support the 5-year supercycle pump expectations.

In contrast, bearish analysts stick to their bear predictions and reaffirm that the price of Bitcoin (BTC) will go on to set the bear market bottom this year. At the moment, this bottom price prediction lies between $35,000 – $40,000. This means, the pioneer crypto asset could spnd Q2 falling to much lower targets between $60,000 -$50,000 before the final leg down to the cycle bottom price.

#Bitcoin: Few weeks ago I told you Bitcoin was bullish short term and bearish mid term. I told you that despite the mid term bearishness, market makers would pump the market short term to create downside liquidity, and only after that liquidity is built would the market move… pic.twitter.com/22KIJI20da

— Mr. Wall Street (@mrofwallstreet) April 1, 2026

According to the analyst in the post above, Q2 is expected to be a bloody month for the crypto market. He begins the post by talking about how he expected the price of Bitcoin to be bullish for the short-term, which played out as expected as BTC surged as high as $74,000 and is still expected to reclaim $80,000 if the structure holds. He says this surge came from market makers who pumped the market to create downside liquidity.

Thus, BYV surged by 27% over time as expected. Despite calls for the higher pump, this analyst says setting up longs is not worth the risk. He says that the dip is more likely than a surge, which is why he has placed short trades in the $70,000 price range and will go on to place more short trades at higher targets if BTC reclaims higher prices. All in all, the analyst is certain that a bear market will prevail for the mid-term.

Crypto Market Could Go Either Way, Bearish or Bullish

Lastly, the post concludes by drawing attention to the geopolitical tensions between the United States of America and Iran. He says that with ground forces expected to invade Iran in the coming weeks, it makes no sense for the US to retreat from their military operation now, as they would get hurt more by retreating than by pushing forward. He finishes by saying that the situation will escalate, leading to an inevitable global recession, mainly because Oil prices will go parabolic.