Analyst NoLimit Sees Bitcoin Bear Market Extending To $45,000–$50,000 By Late 2026

Bitcoin has dropped 50% from its all‑time high and recently touched $60,000, its lowest point since October 2024, signaling a new bear phase. Based on historical halving‑cycle timing and the Net Unrealized Profit/Loss (NUPL) on‑chain indicator, analyst NoLimit expects the next major bottom to form between October and November 2026. He projects that Bitcoin could eventually fall into a $45,000 to $50,000 range by the end of 2026, which he views as the likely cycle low.