Bitcoin expected to fall below $57,000... If there is year-end sell-off, rebound possible in first half of next year
Original headline비트코인 5만7000달러 하회 전망…연말 투매 땐 내년 상반기 반등 가능성
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Bitcoin could fall below $57,000 during Trump’s term before forming a stronger base in the first half of next year, according to crypto analyst Benjamin Cohen. Cohen told Altcoin Daily that the market has not yet seen a high-volume capitulation, making it difficult to conclude the bear phase is over. He pointed to price patterns in U.S. midterm election years—2014, 2018 and 2022—as the basis for his bearish outlook, while cautioning that the path is not certain. Whether bitcoin establishes a fresh low by year-end will shape the 2026 outlook, with a late-year selloff potentially setting up a first-half rebound.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), Benjamin Cowen, Altcoin Daily, Donald Trump
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