Analyst Noname says Bitcoin will not bottom this quarter

Analyst Noname says Bitcoin will not bottom this quarter

N
News Editor
2026-07-20 00:14:55
ChainCatcher reported that analyst Noname said in a post on X that Bitcoin will not bottom out this quarter. In his view, the current sideways trading reflects indecision, and at this price level, that kind of market hesitation usually breaks downward first before turning higher later on. He added that it will take at least another quarter before the market becomes clearer. Noname also shared a month-by-month outlook for Bitcoin in the second half of 2026. He described July as a period of false stability and a bear-market trap rally that would shake out weak hands. For August, he said the real crash would begin, with Bitcoin testing the $50,000 area for the first time. He expects pressure to continue in September, when a W-shaped bottom structure would start to form. In October, he sees what he called the real bottom and an accumulation zone, adding that he would personally take an aggressive approach at that stage. He then pointed to early recovery signs in November, followed by a rebound from the bottom, and said Bitcoin would break above $100,000 for the first time since the bear market began in December.
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According to ChainCatcher, analyst Noname said in a post on X that Bitcoin will not bottom this quarter.

Noname wrote that sideways trading reflects market indecision. At the current price range, he said, that kind of indecision usually leads to a break lower first, followed by a move upward later. He added that the market will not become clearer for at least another quarter.

Noname's outlook for the second half of 2026

Noname also laid out a month-by-month view for Bitcoin in 2026:

  • July: False stability. A bear-market trap rally that shakes out less committed participants.
  • August: The real crash begins, with a first test of the $50,000 area.
  • September: Continued pressure, with a W-shaped bottom structure starting to take shape.
  • October: The real bottom and an accumulation zone. Noname said he would personally take an aggressive approach during this phase.
  • November: Early signs of recovery appear and a rebound from the bottom begins.
  • December: Bitcoin breaks above $100,000 for the first time since the bear market started.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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