Analysts Warn of Bitcoin’s Potential Drop to $47,000
On February 24, the price of the leading cryptocurrency hit a local low of around $62,800. The asset depreciated by nearly 5% in a day.Predictions by opinion leaders and analysts on Bitcoin prices, industry development, and other events in the digital economy.
Analysts Warn of Bitcoin’s Potential Drop to $47,000
On February 24, the price of the leading cryptocurrency hit a local low of around $62,800. The asset depreciated by nearly 5% in a day.
Polymarket Users Predict 75% Chance of Bitcoin Falling Below $55,000
Seventy-five percent of Polymarket users predict Bitcoin will fall to $55,000, with bets reaching $1.2 million.
Bitcoin network activity falls to a six-month low
On-chain activity in bitcoin has declined for six consecutive months, according to CryptoQuant analyst G a a h.
Bitwise CIO: Bitcoin Has Yet to Hit Cycle’s Bottom
Bitcoin is expected to begin its ascent in 2026, yet the shocking events of early February did not mark the asset's final bottom. This was stated by Bitwise's Chief Investment Officer Matt Hougan on the Blockspace podcast.
Matrixport Observes Waning Bitcoin Selling Pressure
Sentiment in the cryptocurrency market has plummeted to extreme lows, potentially leading to a "durable bottom" and a reduction in selling pressure.
Bloomberg Analyst Reaffirms $10,000 Bitcoin Forecast
In 2026, the price of the leading cryptocurrency could plummet to $10,000, heralding a recession in the US economy, according to Mike McGlone, a senior commodity strategist.
Santiment Predicts Potential Rebound in Meme Coin Market
A turnaround in the meme token segment might occur sooner than traders anticipate, according to Santiment.
Standard Chartered Predicts Bitcoin Drop to $50,000 Before Rebound
Analysts at Standard Chartered have lowered their short-term forecast for cryptocurrencies, warning of a potential continued correction with a recovery by the year's end.
Kaiko Identifies Midpoint of Bitcoin Bear Market
The decline in the price of the leading cryptocurrency in early February, with testing of $60,000, signals the midpoint of the bear market, according to Kaiko.
Analysts spar over whether Ethereum has found a bottom
Ethereum is in capitulation, but selling pressure remains below the 2018 and 2022 lows, Joao Wedson said.We use cookies to improve the quality of our service.
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