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An analyst recently made a bold prediction: Bitcoin could drop to $50,000 in 2026, and even explore down to $10,000 afterward. What is the logic behind this judgment? He believes that 2025 might be the peak for Bitcoin and the entire cryptocurrency market.
Does that sound alarmist? Let’s look at the current situation. Bitcoin is now around $88,000, having retraced 30% from the $126,000 all-time high set in October. The viewpoint also points out an interesting aspect — in the gold market, there are only three main competitors: silver, platinum, and palladium. But as the first cryptocurrency, Bitcoin now faces competition from millions of digital assets. This difference in competitive landscape is indeed worth considering for market participants.