Assuming the 4-year Bitcoin cycle remains valid, and based on historical patterns (bottoming out one year after the 2017 peak and approximately one year after the 2021 peak), the bottom of the next bear market is expected to form around October 2026. This corresponds to a low point approximately 12 months after the current cycle peak (BTC reaching $126,270 on October 6, 2025), at which point the price could retrace 70-85%, reaching the $20,000-$40,000 range.