Hello everyone! At the beginning of 2026, we have to face a tricky question: when will Bitcoin be able to recover its vitality?🔍💰
In October last year, Bitcoin once reached an all-time high price of 126,080 USD, and the market was full of confidence, with everyone believing it could replace gold as an inflation-resistant 'store of value'. However, with Trump's warning about tariffs on China, the entire crypto market quickly collapsed like a house of cards. Since then, Bitcoin's decline seems to show no signs of stopping, recently even dropping to 66,835.63 USD, which is the worst performance since November 2024.
Just as market confidence wavers, analyst John Blank issued a warning that Bitcoin may further dip to $40,000. He stated that, based on past volatility patterns, this scenario is not impossible. While the digital asset industry is still trying to create demand through tools like ETFs and stablecoins, many investors are starting to feel weary of crypto trading and even questioning Bitcoin's future.
At the same time, we see that the performance of Bitcoin mining companies appears relatively strong. JPMorgan's latest report shows that, driven by reduced competition and a new wave of high-performance computing (HPC), the market capitalization of 14 publicly listed Bitcoin mining companies in the U.S. grew by 23% in January, far exceeding the gains of the S&P 500 index. This indicates that even in the current downturn, mining companies are seeking opportunities for diversified growth, attempting to stand out in the digital infrastructure sector.
Although the challenges ahead should not be underestimated, the future price predictions remain attractive. TD Cowen maintains an optimistic outlook for Strategy's prospects, expecting Bitcoin to rise to $177,000 by the end of 2026 and potentially reach $226,000 by the end of 2027.
So, what does everyone think about the future of Bitcoin? Do you think it can overcome the current trough and return to its glorious peak? Feel free to share your thoughts in the comments! 📈💬
