According to a report by Cointelegraph on December 24th, despite Bitcoin reaching an all-time high of over $126,000 on October 6th, it subsequently experienced a $19 billion liquidation event, and is currently trading at approximately $87,000. Market opinions on TechFlow trends are divided. Dan Tapiero, founder of 50T Funds, believes the bull market is still in its "mid-stage," while Fidelity's research director predicts that 2026 may be a "year of consolidation" for Bitcoin, with support levels between $65,000 and $75,000.
Analysts point out that Bitcoin's four-year cycle is gradually evolving into a broader, longer-term trend driven by fundamental factors such as global liquidity and sovereign adoption. Currently, tracking data shows that most top traders hold a short-term bearish stance on mainstream cryptocurrencies.
