Bitcoin has fallen more than 50% from its recent cycle high, and market sentiment remains cautious. Several analysts believe BTC is still in a broader downtrend, while others see early signs of a possible bottom formation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin Price Prediction: Is BTC Near a Bottom or Heading Toward $50K?
Bitcoin has fallen more than 50% from its recent cycle high, and market sentiment remains cautious. Several analysts believe BTC is still in a broader downtrend, while others see early signs of a possible bottom formation.