Analyst Merlijn The Trader Flags $33,000 Bitcoin Target Based on Midterm-Year Pattern

Merlijn The Trader argued on May 17, 2026 that Bitcoin could revisit $33,000 if its midterm-election-year drawdown pattern repeats. He pointed to prior declines of 61% (2014), 65% (2018), and 66% (2022), while offering a less-bearish alternative range of $45,000–$59,000 that hinges on whether BTC holds $78,000 support.