This week, bitcoin took a trip to its lowest price tag of 2026, slipping to $59,100 per coin and now sitting a touch more than 50% below the leading crypto asset's all-time high above $126,000.
Prominent Bitcoin (BTC) critic Peter Schiff has predicted that Bitcoin could crash to as low as $30k in 2026.
A hotter-than-expected jobs report and an AI sector panic triggered a $2.5 trillion global market liquidation, dragging Bitcoin to the $60,000 brink.
Strategy's CEO rejected rumors that the company's bitcoin strategy has changed, reaffirming its goal of increasing both net bitcoin holdings and bitcoin per share. His comments aligned with Michael Saylor's continued bullish outlook on BTC.
Bitcoin's bearish structure over the past few weeks has raised clear concerns about the flagship cryptocurrency's future. Amid these concerns are speculations concerning its trajectory, some of which point to bottoms as low as $25,000.
Bitcoin's profitability metrics continue deteriorating, even as long-term holders begin absorbing distressed supply.
Crypto markets saw a wave of forced deleveraging over the past 24 hours, with roughly $4.73 billion in leveraged positions liquidated as a short-term rebound punished both sides of the trade—slightly more so for those positioned for downside. The scale of liquidations underscores how quickly 'leverage' has rebuilt across majors and high-beta altcoins, leaving traders vulnerable to sharp intraday swings.
Strategy (NASDAQ: MSTR) executive chairman Michael Saylor has signaled that the company may be preparing to increase its Bitcoin (BTC) holdings despite carrying approximately $11 billion in unrealized losses on its cryptocurrency portfolio.
Strategy's BTC holdings top 843K as Saylor signals potential fresh accumulation move ahead
Binance volume falls sharply as total CEX spot trading activity reaches its weakest level in years
While bitcoin trades more than 50% beneath its all-time peak above $126,000 recorded last October, gold proponent Peter Schiff remains convinced the asset has considerably further to fall.
Bitcoin's B-Wave rally may be over as analysts warn of a C-Wave decline and $60K becomes critical support.