Bitcoin price news: BTC in deep bear market, could crash by another 30%, investment firm says
An investment firm predicts Bitcoin could drop another 30% in 2026, citing the strength of the four-year cycle.Summary
CK Zheng, founder of ZX Squared Capital, stated that Bitcoin is firmly in the deepest phase of a bear market and anticipates a further 30% price drop during 2026, linking this prediction to the strengthening four-year cycle, which was recently reinforced by the April 2024 halving.
Zheng explains that this cycle, characterized by a surge, crash, and recovery centered around the halving event, is difficult to break due to predictable individual investor psychology—buying during hype and selling during panic. This behavior keeps Bitcoin trading as a speculative asset rather than a safe haven.
Furthermore, the firm warned that slow institutional adoption and potential forced selling by some firms holding Bitcoin as treasury assets to meet debt requirements could deepen the sell-off before the next cycle begins.
(Source：CoinDesk)