![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Bitcoin-price-4.jpg?w=512&resize=512%2C271\")
<\/p>\nThe question of whether the Bitcoin price has hit a final bottom remains a major topic of discussion, as analysts remain unconvinced that the flagship cryptocurrency has reached a definitive floor. A recent analysis by market expert Maxi Trades suggests Bitcoin could be positioning for another major correction, forecasting a 30% crash that could push the price to fresh lows near $50,000. The bearish outlook has added to the market’s growing uncertainty about Bitcoin\u2019s price direction, especially after the cryptocurrency\u2019s latest rebound above $78,000.<\/p>\n
In his BTC price analysis bearish outlook for Bitcoin and projected bottom target. The analyst noted that the Bitcoin price has been stuck within a defined range for more than two and a half months now. He pointed out that a decisive breakout, either to the upside or the downside, has historically followed such an extended consolidation.\u00a0<\/p>\n
According to Maxi Trades, the last three times Bitcoin displayed a similar prolonged consolidation, Bitcoin traded sideways for 64 days before surging by 14%.\u00a0<\/p>\n
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The second instance saw the cryptocurrency remain range-bound for 114 days, followed by a decline of approximately 27%. In a third similar formation, Bitcoin consolidated for 77 days before recording a 33% price crash. Based on this recurring trend, the analyst believes that Bitcoin could be approaching another major volatility event, with downside risk still on the table once its current range-bound movement resolves.<\/p>\n
In his post, Maxi Trades noted that despite Bitcoin remaining in a bear market<\/a> for more than six months since its October 2025 all-time high above $126,000<\/a>, its price action has yet to show any signs of a true bottom formation. Because of this, he argued that the market has likely not reached its final capitulation phase.\u00a0<\/p>\n