Santiment: Panic is not yet enough to confirm a market bottom; Bitcoin could still fall to $75,000.

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Santiment founder says social media panic is insufficient to confirm a market bottom, with Bitcoin possibly dropping to $75,000. Fidelity's Timmer warns of potential stagnation in 2026, while Bitwise's Hougan predicts growth.

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According to Mars Finance, on December 21st, Maksim Balashevich, founder of crypto market analysis firm Santiment, stated that there hasn't been enough panic on social media to confirm a market bottom, and Bitcoin could still fall to around $75,000, meaning a potential drop of approximately 14.77% from current levels. Balashevich explained that many users are still optimistic that the downtrend will reverse in the short term, but this typically doesn't happen when a true market bottom is formed. On Thursday, Jurrien Timmer, head of global macro research at Fidelity, stated that Bitcoin might "stagnate for a year" in 2026, with the price potentially falling to around $65,000. Bitwise's chief investment officer, Matt Hougan, predicted that 2026 would be a "year of growth" for Bitcoin.

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