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Bitcoin traders expect new lows but data cautions against overly bearish bias
Bitcoin traders anticipate potential price sell-offs to new 2026 lows due to a concentrated liquidity pocket below $59,000. However, data indicates that bullish market forces may absorb the dip, cautioning against excessive bearishness.
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Adjacent reporting
- Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast
- Bitcoin traders load up on bearish bets all the way down to $52,000
- Bitcoin risks drop to $72K as demand metric hits 2026 lows
- Ethereum analysts see ‘downside risks’ as bears eye 20% ETH price drop
- Analysts forecast a Bitcoin crash to the $60K level, revisiting 2026 low