$250K Bitcoin In 2026? Analyst Warns Bulls To ‘Stop With The Mushrooms’

Bitcoin could fall to around $30,000 before the year is out — at least according to one widely followed chart analyst. That bleak projection, drawn from a pattern tied to US midterm election years, is adding fresh weight to a growing skepticism about whether Bitcoin can reach $250,000 in 2026. Related Reading: Bitcoin Bull Run Brewing: ATH In Sight By Late 2026: Analyst Pattern Tied To Election Years Raises Red Flags Analyst Merlijn The Trader pointed to a recurring tendency for Bitcoin to sell