Analytics Company CEO Shares Historical Data! “Bitcoin (BTC) Price Could Fall Even Further, But This Could Be the End of This Month!”
With the deadline given to Iran by US President Donald Trump fast approaching, geopolitical tensions and uncertainty continue to rise.
This is negatively impacting Bitcoin, and the $BTC price has fallen below $68,000 again in the last few hours.
As Bitcoin ($BTC) continues to experience volatile price movements, Joao Wedson, CEO of the analytics platform Alphractal, has warned investors of further declines.
According to Wedson, who shared the latest Bitcoin analysis from account X, the data shows signs of the bear market nearing its end, but a further decline may occur in the coming months.
Wedson noted that, according to a market sentiment indicator, $BTC may experience another decline before recovering.
At this point, Wedson examined Bitcoin’s 720-day Tactical Bull-Bear Sentiment Index (TBBI), a long-term indicator that tracks multi-year cycles of fear and greed.
He added that the TBBI index has fallen below 20 and entered the oversold region.
According to the analyst, historically, a drop in the TBBI index to this region signals a phase where Bitcoin may experience one last dip before starting a stronger recovery.
This stage is seen not as where trends begin to collapse, but as where they tend to end.
At this point, the analyst stated that while the risk of Bitcoin falling from this point onwards still exists, it would be more limited.
Based on historical index data, a sudden drop of around $15,000, potentially creating a final wave of panic in Bitcoin and the market as a whole, seems possible. This would indicate a drop of approximately 20% from current levels, towards around $54,000.
Finally, the analyst stated that the fear and apathy towards Bitcoin could be over for the last five months, and that this could also be a five-month accumulation period for long-term veteran investors.
This is the chart bears don’t want you to see.
The 720-day TBBI is not noise. It captures multi-year sentiment cycles and reveals the real structural positioning of the market beyond short-term volatility.
Right now, it is sitting in extreme bearish territory.
Historically,… pic.twitter.com/xD8JWNXG2U
— Joao Wedson (@joao_wedson) April 7, 2026
*This is not investment advice.
