Bitcoin Faces Potential 30% Decline Amid Extended Bear Market Concerns
Cryptocurrency markets are bracing for a potential downturn as Bitcoin could see a further 30% drop within the year, according to insights from ZX Squared Capital founder CK Zheng. Zheng suggests that the cryptocurrency has entered a \"deep bear market phase,\" with the influence of the \"four-year cycle\" potentially driving prices down by another 30% by 2026.
This projection follows Bitcoin's recent retreat from its all-time high of over $126,000 in October 2025, which occurred approximately 16-18 months after the April 2024 halving event. The current price of around $68,000 largely aligns with the historical four-year cycle pattern centered around halvings.
The amplified psychological behavior of retail investors, characterized by chasing rallies during market exuberance and panic selling during downturns, is seen as a significant factor intensifying the current bear cycle. Furthermore, institutional adoption remains limited, with crypto ETFs and digital asset reserve companies currently representing only about 10% of the overall market.
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