Bitcoin to bottom out below $65,000, Russian analysts predict
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Bitcoin will reach the bottom of the current downturn in the coming days or weeks somewhere in the range between $60,000 and $65,000, Russian market watchers say. Dropping below the $70,000 mark, the leading cryptocurrency hit a low unseen in well over a year, losing more than 40% of its value since the latest all-time high above $125,000 in October 2025. Three scenarios pitched in search of the bottom The price of Bitcoin (BTC) is likely to continue to fall in the near term before it reaches firm ground, according to Russian experts following global developments closely. Commenting for the business news portal RBC, the leading analyst of Cifra Markets, Alexander Kraiko, suggested three scenarios for the next six months, based on historical data from previous cycles. The first model he detailed is centered on the pattern observed in 2019, which is similar to the current situation. With a rising stock market and amid a pause in the U.S. Federal Reserve’s balance sheet reduction at the time, Bitcoin rose from around $3,000 to $13,000 and then fell to $6,500. “If we extrapolate that pattern to the current cycle, the market is already close to its lows, in the range of $67,000 – $73,000,” said the specialist whose company is a licensed provider of crypto brokering services in Russia and other members of the Commonwealth of Independent States (CIS). Kraiko described the second model as a classic downtrend, as seen in 2022. In this worst-case scenario, BTC may find itself in the $35,000 – $40,000 range, although major differences would prevent that. Back then, both cryptocurrencies and stocks declined together, while Bitcoin’s current correction is approaching 130 days, while stock indices remain close to their all-time highs. Besides, monetary policies are much more predictable now than four years ago, when the…
Filed under: News - @ February 5, 2026 5:27 pm