Bitcoin’s Fakeout Theory: Crash to $50k Before Hitting $110k?

by

<a href="https://bbg-news.com/btc-usd/">Bitcoin</a> Is Playing Out The ‘Fakeout Theory’ Again, Here’s What To Expect

A cryptocurrency analyst believes Bitcoin (BTC) is showing a pattern similar to one it’s followed in the past, which has historically led to record highs every four years. If this pattern continues, the analyst suggests Bitcoin’s price might first fall to a new low before starting to rise again. However, the expert is cautious about this prediction, noting that the current market conditions are particularly unstable.

Bitcoin Fakeout Theory Signals Major Correction

A crypto analyst nicknamed Bee on X has shared a Bitcoin price forecast, suggesting future movements based on past performance. Bee’s analysis, presented with a chart, shows similarities between Bitcoin’s price behavior in 2017—when it reached a peak—and its current trajectory, predicting a new high in 2026.

The analyst believes Bitcoin is repeating a pattern seen twice before. This pattern, which they call the “fakeout theory,” first occurred in 2017 when Bitcoin reached a then-record high of over $20,000. That high later became a support level as the price continued to rise, eventually peaking again in 2021. Essentially, the “fakeout theory” describes how a previous peak price can become a key support level in a future cycle.

In 2021, Bitcoin surged to a high of over $68,000, but this peak was quickly followed by a sharp drop below $20,000. After this significant decline, the market reversed course and Bitcoin began to climb again, ultimately reaching a new all-time high.

Bitcoin recently hit a high of over $126,000 in October 2025. After reaching this peak, the price briefly dropped below $70,000 in early 2026 before recovering. Now, experts are forecasting another price decline, potentially reaching a low point.

Looking at the market, I’m anticipating a potential dip first, possibly down to the $60,000 to $65,000 range, if this ‘fakeout’ scenario plays out as we’ve seen before. However, I expect that correction won’t be the end of it. I believe Bitcoin could fall further, potentially bottoming out between $47,000 and $52,000. While the historical patterns supporting this ‘fakeout’ theory are interesting, I don’t think it’s likely to hold true this cycle.

Analyst Projects BTC’s Next Move Above $100,000

According to the chart analysis, Bee thinks Bitcoin is poised for a significant price increase after reaching a low point in its current cycle. The chart suggests that after briefly dropping to around $50,000, Bitcoin could then rise to nearly $110,000.

If the market stabilizes, Bitcoin could start rising again, potentially reaching over $100,000. Based on predictions of its lowest price, that would be an increase of more than 120%. Even from its current price of around $77,800, a climb to $110,000 would mean a gain of over 41%.

Read More

2026-05-21 22:57