TechFlow News, March 7: According to a CoinDesk report, CK Zheng, founder of the crypto hedge fund ZX Squared Capital, stated that Bitcoin has entered a deep bear market phase. As the influence of the “four-year cycle” intensifies, its price could fall another ~30% by 2026. Previously, Bitcoin reached an all-time high of over $126,000 in October 2025—approximately 16–18 months after the April 2024 halving—before retreating to roughly $68,000. This trajectory broadly aligns with the four-year cycle centered on halvings. Retail investor psychology—chasing gains during market euphoria and panic-selling during downturns—has amplified this bear market cycle. Meanwhile, institutional adoption remains limited: crypto ETFs and digital asset reserve companies collectively account for only about 10% of the overall market. In this bearish environment, some companies holding Bitcoin as treasury reserves may be forced to sell assets to meet debt obligations, thereby exacerbating downward market pressure.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
