Wall Street Trader Forecasts Bitcoin Decline to $54,000 by Late 2026

2025-11-17 18:15

A prominent Bitcoin trader, known as Mr. Wall Street, has projected a potential decline in Bitcoin's price to $54,000 by the fourth quarter of 2026. According to the trader, Bitcoin may have peaked at $126,000 and is now entering a multi-year corrective phase. This prediction follows a recent dip below $104,000, with the next significant support level anticipated between $74,000 and $82,000. The analysis is based on Bitcoin's weekly chart, which indicates a descending pattern of lower highs and lower lows since October 2024.

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