Bitcoin may bottom near $38K by Sept 2026, with IBIT offering a way to trade through cycles amid downside risk.

Analyst David Zanoni expects Bitcoin to reach a bottom near $38,000 around September 2026, based on historical four-year price cycles. He highlights IBIT as an accessible trading option during Bitcoin's bull and bear markets, though current technical signals suggest further downside risk. Zanoni notes a potential bullish divergence on IBIT's weekly chart but prefers confirmation from Bitcoin itself before declaring a market bottom. He recommends a dollar-cost averaging strategy into IBIT or Bitcoin to capture value as the bear market approaches its historical end and to benefit from the next bull cycle.