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Analysis: Bitcoin may retest 30% lower in 2026, entering deep bear market phase
Summary: According to sources, CK Zheng, founder of crypto hedge fund ZX Squared Capital, stated that Bitcoin has entered a deep bear market phase. With the influence of the 'four-year cycle' strengthening, prices may further drop by around 30% in 2026. Previously, Bitcoin halved in April 2024 and reached a historical high of over $126,000 in ...
According to sources, CK Zheng, founder of crypto hedge fund ZX Squared Capital, stated that Bitcoin has entered a deep bear market phase. With the influence of the 'four-year cycle' strengthening, prices may further drop by around 30% in 2026. Previously, Bitcoin halved in April 2024 and reached a historical high of over $126,000 in October 2025, about 16-18 months later. It has now fallen to around $68,000, following the core four-year cycle pattern. Retail investors' behavior of chasing highs in market frenzy and panic selling during downturns has intensified this bear market cycle. Institutional adoption remains limited, with crypto ETFs and digital asset reserve companies accounting for only about 10% of the overall market. In a bear market environment, companies using Bitcoin as asset reserves may be forced to sell assets due to debt pressure, exacerbating downward market pressure. (CoinDesk)
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Link: Analysis: Bitcoin may retest 30% lower in 2026, entering deep bear market phase [Copy]
