After briefly rising above $82,000, Bitcoin’s price has fallen significantly, and one market analyst believes it will likely drop further. They see the recent price increase as a temporary rally within a larger downward trend. This analyst predicts Bitcoin could fall to around $40,000 before starting to recover.
Analyst Predicts Bitcoin Price Freefall Until June
Kabuki, a crypto analyst known for accurately predicting Bitcoin’s previous high and low points, is now warning that Bitcoin’s price could still fall much further. He anticipates a significant price drop, potentially down to $40,000, before this market cycle ends, and believes this would represent the lowest price Bitcoin will reach in this cycle. He expects this decline to be rapid and continuous.
In a recent post on X (formerly Twitter), Kabuki pointed out that Bitcoin’s price chart is showing a pattern often seen at the end of a price drop. He shared a chart illustrating this, noting a ‘bull trap’ around a specific price level (‘y’) and predicting a significant fall to around $40,000 (marked as ‘z’).
The analyst says Bitcoin’s recent price movements, including a false breakout and subsequent rebound, are unfolding as he predicted. He still believes Bitcoin will eventually fall to $40,000, but doesn’t expect that drop to happen right away.

According to Kabuki, Bitcoin’s price could fall from its current level of around $79,000. He predicts a drop to $61,000, followed by another decline to $47,000 – a loss of over 40% from today’s price. While he anticipates a brief recovery to $55,000 after that, he believes this is only temporary and the price will ultimately fall further to $41,000, erasing any gains from the short-term bounce.
Kabuki predicts Bitcoin’s price will initially fall to around $70,000 in the coming days. He then anticipates a more significant drop to $40,000 around June 2026.
Kabuki is basing his prediction of a price drop on his past successes. He says he accurately predicted Bitcoin would peak above $126,000 in October 2025 and hit a low of $15,000 in November 2022.
Bitcoin Bull Trap Signals Bear Crash
According to crypto analyst Chiefy, Bitcoin appears to be experiencing a prolonged ‘bull trap’ – a false signal of recovery – that likely marks the end of the current downturn. Chiefy predicts a significant price drop could begin next week, potentially falling to $51,000 within the next 12 days, starting May 17th.
Chiefy warned that Bitcoin could fall, pointing to historical price charts. These charts show instances where Bitcoin briefly rose, luring in buyers, before quickly dropping and causing losses. He sees a similar pattern developing now, suggesting a price drop could happen again soon.

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2026-05-17 03:59