Richard Smith Predicts Bitcoin Below $50K, Warns of 75-80% Correction
Richard Smith, Executive Director of the Foundation for the Study of Cycles, predicts that Bitcoin is not finished declining and will likely fall below $50,000. He bases this on historical cycle analysis, suggesting corrections typically range from 75% to 80%.
tickerBTCpersonRichard Smith
The tape
3 quotes
“So I absolutely expect Bitcoin to be below 50.”
Richard Smith
“And typically these corrections of Bitcoin are in the 75 to 80% range.”
Richard Smith
“So I don't think Bitcoin's correction is over by any stretch.”
Richard Smith
Heard on The David Lin Report — “End Of Cycle: Analyst Called Bitcoin Top, Warns Market Breaking Point Nears | Richard Smith”, published Monday, June 29, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.