Good day my country people, as I dey read through my feed nah him I see this new for crypto.news say bitcoin and crypto analyst Joao wedson talk say based on analysis bitcoin will reach a price of almost $140k in October and after October bitcoin fit crash reach almost $50k in 2026 because it is approaching a bear market.
Joao Wedson talk say bitcoin fit dip to $100k before e pass $140k in October and the crash is expected in 2026 bear market but Wedson talk say e fit still go up because of ETFs and institutional demand.
Here is the link to the news:
https://crypto.news/bitcoin-could-crash-to-50k-in-2026-after-october-top-analyst-warns/So what is your take on this: does it mean 2026 is the year to purchase bitcoin for the future because many people might have FUD and will eventually sell their coins.
We done already dey discuss something like this for bitcoin speculations board, so you may have to check the thread out to see what the opinions of others are on this topic, bitcoin will definitely not drop down to that $50,000 or even 60k since we are already far above that level of correction in price, way too much for bitcoin to reach that level of decline in price.
What you should know is that, those market speculators are just forecasting what the expect from the market, but reality have always disappointed our expectations and this time it going to repeat the same, we may see the opposite of what they predict as bitcoin price in 2026, dont be surprised if we see even $200k bitcoin price before the 2027 first quarter.