Bitcoin is currently trading nearly 25% below its level at the start of the year, hovering around $68,000 after beginning February near $80,000, according to CoinMarketCap. The drawdown has fueled debate among market analysts over whether a rebound is imminent or if more downside lies ahead.

Michael van de Poppe, founder of MN Trading Capital, expects a short-term bounce, predicting a “green week” ahead. In contrast, veteran trader Peter Brandt recently warned that Bitcoin’s true market bottom may not arrive until October 2026, underscoring the growing divide in outlooks across the trading community.