Bitcoin Bull Market Debate Heats Up as 2026 Nears

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Crypto analysts are increasingly split on whether Bitcoin’s bull market can survive into 2026. While some point to institutional momentum, others warn of a looming cooldown. Fidelity’s global macro research director Jurrien Timmer expects Bitcoin to face a down year, potentially finding a local bottom between $65,000 and $75,000.

Timmer argues that past Bitcoin “winters” often last about a year, making 2026 a likely pause in the cycle. His view contrasts sharply with more optimistic market participants who believe evolving macro conditions—not just halving cycles—now drive Bitcoin’s long-term trajectory.