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Well-known blockchain expert James Check predicted the trajectory of Bitcoin’s price in 2026!
At the beginning of 2026, the Bitcoin market is experiencing a period of turbulence, and well-known blockchain analyst James Check addressed his followers with important remarks on Natalie Brunell’s “Bitcoin Stories” program.
Check stated that Bitcoin is a reflection of human psychology rather than technical indicators, describing the current market state as a battlefield between “smart money” and “panic sellers.”
He said the market had been going through a phase of “sideways movement and price declines”, which frustrated investors before a “parabolic rise” begins.
According to James Check, true market bottoms are formed not by “positive emotions,” but by “fear and pain.” He stated that the sharp sell-offs in November and February represented a release of “price pain energy” in the market.
The analyst emphasized that the $95,000 level is a critical resistance for bulls, and that if the price falls below this level, it triggers a large wave of panic, resulting in 70% of investors being in losses.
Describing the current market condition as “chocolate” (turbulent consolidation), Check said Bitcoin could trade in a sideways range for several months, causing excessive excitement with each green candle and excessive pessimism with each red candle.
He added that this process may frustrate investors “to tears,” but is necessary to form a healthy market bottom.
James Check expects that in 2026 Bitcoin will form a bottom in the $50,000–$70,000 range.
He noted that spot Bitcoin ETFs were not the main cause of the sell-off, and that many ETF investors acted as loyal “HODLers” (long-term holders).
Check also stated that BTC has moved from a “freshwater pond” to a “vast saltwater ocean” (the traditional financial world), and that even 0.1% allocation in institutional portfolios could push the market to unimaginable heights.
See also: "Opinion: Bitcoin will repeat a historical “bearish” pattern before the Fed meeting"
