This Bitcoin Price Level Must Hold Or It’s Mid-$50,000s: Veteran Analyst

Bitcoin’s April 2025 swing low around $73,000 has become the make-or-break line for 2026, according to veteran professional trader and commentator Nik Patel, who argues that a higher-timeframe break below that level would likely open the door to a prolonged grind in the mid-$50,000s. In Part Three of his “2026 Outlook” published Jan. 21, Patel laid out a high-conviction call that Bitcoin prints fresh all-time highs in the first half of 2026, framing it as further evidence the market has shifted away from the clean, narrative-driven four-year cycle. “Bitcoin trades new all-time highs in H1 — the 4-year cycle is dead,” he wrote, summarizing his regime view as “higher for longer,” potentially stretching into 2027 source: https://www.newsbtc.com/bitcoin-news/this-bitcoin-price-level-must-hold-or-its-mid-50000s/