Cryptocurrency analyst Jason Pizzino's latest research suggests that the Bitcoin (BTC) price may not reach a long-term bottom until October 2026. The current BTC trading volume is continuing to decline, similar to the pattern from late 2022 to early 2023, making a bull market return less likely in the short term.
Meanwhile, CryptoQuant data shows that the share of deposits on large investor exchanges has fallen from 47% in mid-November to 21% currently, and the average deposit amount has shrunk by 36%, indicating that selling pressure is weakening. If this trend continues, the price of BTC is expected to rebound to $99,000. Analysts pointed out that the 200-day simple moving average poses strong resistance, and the market risk appetite is insufficient. Bitcoin may need to undergo a consolidation period before it will usher in a new round of market activity.
Opinion: Bitcoin will hit cycle bottom in 2026, trading volume continues to decline
2025-12-11 13:26:57
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