Mars Finance reports that although Bitcoin hit a record high of over $126,000 on October 6, it was subsequently hit by a $19 billion liquidation event, and the current trading price is around $87,000. Market opinions on future trends are divided; Dan Tapiero, founder of 50T Funds, believes the bull market is still in the “mid-term stage,” while Fidelity Research Director predicts that Bitcoin may experience a “cooling year” in 2026, with support levels between $65,000 and $75,000. Analysts point out that Bitcoin’s four-year cycle is gradually evolving into a broader long-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.
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Fidelity Research Director Jurrien Timmer: Bitcoin may face a "rest year" in 2026, with support at $65,000
Mars Finance reports that although Bitcoin hit a record high of over $126,000 on October 6, it was subsequently hit by a $19 billion liquidation event, and the current trading price is around $87,000. Market opinions on future trends are divided; Dan Tapiero, founder of 50T Funds, believes the bull market is still in the “mid-term stage,” while Fidelity Research Director predicts that Bitcoin may experience a “cooling year” in 2026, with support levels between $65,000 and $75,000. Analysts point out that Bitcoin’s four-year cycle is gradually evolving into a broader long-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.