Bitcoin Price Predicted to Drop Further as Bear Market Continues

A leading investment firm has warned of a potential further decline in Bitcoin's price due to the ongoing bear market. The cryptocurrency is currently experiencing its deepest phase yet, and experts believe it may worsen before improving. According to CK Zheng, founder of ZX Squared Capital, Bitcoin's price could drop by another 30% in 2026.

The four-year cycle pattern, which has defined crypto markets for over a decade, suggests that prices surge, crash, and then recover every four years. The halving event in April 2024 is seen as a key catalyst for this cycle, with historically low mining rewards leading to increased buying pressure. However, the firm warns that individual investors' psychological behaviors can amplify market fluctuations.

Zheng notes that institutional adoption of Bitcoin remains slow and limited in scope, which could contribute to further price volatility. He also suggests that some firms may be forced to sell their Bitcoin holdings due to debt servicing requirements, potentially leading to a deeper price sell-off.