$BTC price has fallen again, raising concerns among holders. The cryptocurrency leader hovered around $90,000 for most of last week, before renewed macroeconomic pressure triggered another sell-off.
Following this, BTC corrected by almost 3% on Sunday. This translated into a weekly decline of 7.55%. Interestingly, this was the largest weekly decline since November 2025, contributing to a broader market capitulation. As enthusiasts speculate about Bitcoin's future, renowned market analyst Ali Martinez shared a disturbing trend in Bitcoin's price. In his latest analysis, he compared current price movements to the bear market in 2022 and found surprising similarities.
Martinez questioned the notion that Bitcoin and cryptocurrencies will undergo a supercycle. He stated that "a supercycle is a supercycle." The accompanying chart shows why he remains skeptical of this thesis. According to the chart, BTC appears to be mirroring the bear market season of 2022. During that cycle, in April 2021, the coin's price reached a high of $64,900. This was followed by a 55.9% correction to a low of $28,600 in June 2021. It then rebounded, reaching a new all-time high of $69,000 in November 2021.
This time, in January 2025, the price reached $109,300, followed by a 32% correction to $74,400 in April 2025. Then, before the latest decline, the price returned to its current all-time high of $126,200 in October.
Interestingly, Martinez believes this pattern will be fully replicated. The chart shows a possible lower high formation, returning to six-figure valuations, and then a further decline to around $31,800. This would represent a 63.5% decline from the current market price of around $87,200. What do you predict for the near future for BTC?
