Analyst: Bitcoin price forecast indicates a bottom by the end of 2026

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Crypto界 news: Analysts Ali Martinez and Michaël van de Poppe assess whether Bitcoin is close to a bottom or facing another round of downside. Martinez said that the current market structure and on-chain activity suggest there is recovery potential as well as downside risk. He noted that Bitcoin’s current price action is similar to the bottom structure in 2022, and if this trend continues, it could rise again before the eventual drop. Meanwhile, Martinez also mentioned that over 10,000 BTC (worth about $760 million) was transferred to exchanges over the past week, which is typically viewed as potential sell pressure. Poppe’s chart shows that Bitcoin is in an uptrend in the short term, with key support at $71,000 to $73,000; if it breaks above the $79,000 resistance level, it could climb to $86,000 to $88,000.

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