According to CoinMeta, as reported by Coinpedia, analysts believe that Bitcoin may determine whether the current bear market will reach its bottom in October or continue until November or December over the next 60 days. The current price of Bitcoin is around $63,000. Historical data shows that August and September are typically weak months for Bitcoin, especially in years with mid-term elections. Since 2010, Bitcoin has averaged a decline of about 10% in August and about 8% in September. If a similar pattern repeats in 2026, Bitcoin could fall to around a median price of $50,000. The current Bitcoin cycle is also approaching the time point for historical market bottoms, with an expected duration of about 1420 days. Historical cycle bottoms have occurred around 1432 and 1436 days, so the period from the end of September to mid-December could be the window for the next major low point.