Bitcoin Bear Market Confirmed? Expert Predicts Price Target Of $40,000 By Late 2026

Bitcoin (BTC) experienced a slight rebound after reaching a near eight-month low of $87,500 on Wednesday. By Thursday, the leading crypto surged back toward $90,000. However, market expert Leshka warns that this brief increase may signal only the start of a new distribution phase for Bitcoin, as selling pressure continues to build. Possible Bottom Between $40,700 And $47,500 In a recent post on X (formerly Twitter), Leshka assessed Bitcoin’s position on the weekly chart, identifying critical demand zones between $40,700 and $47,500 that could take shape throughout 2026.  She suggested that these levels might represent the bottom for Bitcoin during the anticipated bear market. If such forecasts materialize, this could indicate price drops of 47% to 54% from current values. Related Reading: CEO Cuts Cardano Founder’s Bitcoin Price Forecast, Warns Bear Market Just Starting Despite these potential lows, Leshka remains optimistic about Bitcoin’s long-term trajectory. She mentioned tha