News

Public · Published

Trading expert sets Bitcoin's buy zone that's 'timed to perfection'

TradingShot posted on TradingView on July 13 that Bitcoin, trading around $63,000, has been consolidating for six weeks after a sharp May decline and may fall 20%‑36% to a buy zone between $40,000 and $50,000, with a possible cyclical bottom in the first week of October 2026.

Published:

Updated:

What happened

TradingShot posted on TradingView on July 13 that Bitcoin, trading around $63,000, has been consolidating for six weeks after a sharp May decline and may fall 20%‑36% to a buy zone between $40,000 and $50,000, with a possible cyclical bottom in the first week of October 2026.

Confirmed

Global impact / market context

If Bitcoin reaches the $40,000‑$50,000 range, investors could acquire the leading cryptocurrency at a lower cost, potentially boosting future returns and influencing capital allocation toward crypto‑related funds and projects.

Analyst inference

Bitcoin’s recent price action follows a typical market cycle where a sharp decline is followed by a consolidation phase before a deeper correction, a pattern often seen in crypto markets that can set the stage for the next major price move.

Confirmed

What to watch

  1. Bitcoin’s price trajectory toward the $40,000‑$50,000 zone, which would confirm the analyst’s forecast if the decline continues as expected. Analyst inference
  2. Overall crypto market sentiment and trading volume, as stronger buying interest could accelerate the move into the projected accumulation range. Analyst inference
  3. Regulatory developments or major institutional announcements, which could either support a rally into the buy zone or cause further volatility. Analyst inference

Affected assets

  • BTC — Bitcoin

Evidence