NYDIG Sees Bitcoin Falling to $38,000–$39,000 by October 2026 in Potential Bear Market Scenario

BTC-0.65%
According to NYDIG's Q2 2026 report released last week, the bitcoin financial services firm outlined a scenario where BTC could fall to $38,000–$39,000 by October if the 2025-2026 downturn mirrors prior bear market cycles of 2014, 2018, and 2022. Bitcoin is currently trading near $64,500, down roughly 50% from October 2025's all-time high of $126,080. However, other major analysts including K33 Research and Standard Chartered have argued the bear market bottom may have already formed near $60,000, while Galaxy Digital suggested a potential decline toward $40,000.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments