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Analyst Noname Says Bitcoin Will Not Bottom This Quarter

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2026-07-20 00:23:59
Analyst Noname said on X that Bitcoin will not bottom this quarter and argued that sideways trading reflects indecision. According to ChainCatcher, he said indecision at current price levels often breaks down first before moving higher, and that the market may not become clear for at least another quarter.

He also laid out a monthly outlook for 2026, calling July a period of false stability and a bear-trap rebound, August the start of a real selloff with a first test of the $50,000 area, and September a phase of continued pressure as a W-shaped bottom begins to form. In October, he said Bitcoin would reach a true bottom and accumulation zone, followed by early signs of recovery in November and a move above $100,000 in December for the first time since the bear market began.
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