Veytics Intelligence
2026-09-30 · NASDAQ

Down 34% From Its Highs, Is Bitcoin a Buy Right Now?

Key Points Bitcoin is highly cyclical, typically trading in 4-year cycles of boom and bust. After hitting $60,000 this summer, Bitcoin appears to have bottomed and could be headed into the "boom" phase of its cycle in 2027. Key market indicators are now flashing green, suggesting a potential reversal in Bitcoin's fortunes. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) is still down 34% from its all-time high of $126,000 from last October. But it's getting very hard to ignore its stunning reversal over the past two months. In July, Bitcoin dipped below $60,000. Today, it's trading near $85,000. That leads me to think that Bitcoin could be ready to regain the $100,000 price level by the end of this year.

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