Bitcoin heading towards a deeper correction: $37,500 level within reach for 2026

Bitcoin is hovering around the $90,000 level, showing a daily increase of about 2%, but the key resistance at $100,000 remains unreachable since October 2025. Meanwhile, expert analyses indicate a much deeper correction in the medium-term outlook. Recent market forecasts suggest that the leading cryptocurrency could approach the $37,500 level in Q4 2026, representing a decline of approximately 70% from recent highs.

Cycle Analysis: Is History Repeating?

Experts base their forecasts on historical patterns of Bitcoin bear markets. In 2018 and 2022, the asset experienced declines of 70-84% from peak highs before entering a recovery phase. The current correction exhibits similar characteristics to these previous cycles.

Quarterly chart data suggest that if history repeats itself, Bitcoin could fall to around $37,500. A crypto market analyst estimated that approximately 288 days remain before testing this level — indicating the end of Q4 2026 as a probable timeframe for such a market bottom.

After the Bear Market – A Chance for a Bigger Rally

Although the prospect of dropping to $37,500 may seem pessimistic, market historians note an important reality: every previous Bitcoin macro bottom was followed by a significant, multi-year boom. Such levels traditionally served as accumulation points for long-term investors.

This means that 2026 — despite the threat of deep corrections — could be a preparation for another powerful growth cycle. Bitcoin does not end at $37,500; rather, it marks a new beginning, similar to what happened in previous years.

The current Bitcoin price is approximately $91,930 with a 24h increase of +1.26%, but the path to the historical bottom seems to be a matter of time and investor patience.