A lot of popular people made predictions, speculations, or you could say anticipations about Bitcoin, saying that by mid-2026 Bitcoin would cross $150K. But in reality, it hasn’t even crossed $100K.
This year, on average, it’s just wandering around $60K to $70K.It’s being said that this is Bitcoin’s third longest consolidation. The first two long ranges were in 2018 and 2022-2023. After those first two consolidations, Bitcoin showed a massive rally. And for the last 10 months it has been moving sideways within a $10K range.
So what are the expectations this time? Is the Lion (Bitcoin) taking a few steps back in order to attack?
All they’re doing is speculating based on their own analysis and data, but there’s no guarantee that it will actually happen. So never pin your hopes too heavily on people.
Speaking of Bitcoin price, during this downtrend, we haven’t seen a major rally yet. After being rejected at the $58k level, Bitcoin has remained in a sideways trend. Honestly, this is the perfect time to maximize your Bitcoin purchases. Although there’s a chance the price could drop further, the current price is already quite low compared to its ATH.