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jituthakur
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Bearish
There is not yet enough panic on social media to confirm that the market has bottomed; Bitcoin could still drop to around $75,000, indicating that there is still about a 14.77% downside potential for Bitcoin prices. Balashevich explained that many users remain optimistic that the downward trend will reverse in the short term, but this typically does not happen when a true market bottom is formed.

On Thursday, Jurrien Timmer, head of global macro research at Fidelity, stated that Bitcoin could "stall for a year" in 2026, with prices potentially dropping to around $65,000. Bitwise Chief Investment Officer Matt Hougan predicts that 2026 will be the "year of Bitcoin's rise." $BTC
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