Bitcoin's rebound momentum weakens, and it may retreat to $60,000 in the short term, but the medium-term trend remains optimistic.

Recently, Bitcoin’s price has shown weak rebound momentum, raising concerns in the market about the risk of short-term corrections. Several market observers have pointed out that, given the current lack of momentum, Bitcoin’s price may experience deeper adjustments, and in the short term, it could even fall back to the $60,000 range.

Georgii Verbitskii, founder of the cryptocurrency investment platform TYMIO, stated that after a rapid increase, Bitcoin is entering a longer period of consolidation or correction. He noted that although recent prices have remained between $80,000 and $90,000, the market structure has shown signs of fatigue, and there is still a possibility of falling to $70,000 or even $60,000 in the future.

Verbitskii believes that the market previously expected Bitcoin to accelerate upward and break through key resistance levels, but the actual trend has turned into sideways movement or even a decline, which usually indicates weakening buying pressure. He emphasized that until Bitcoin can firmly stay above $100,000, the risk of further oscillation and consolidation remains high.

Earlier, Bloomberg senior commodities strategist Mike McGlone also issued a warning, suggesting that Bitcoin could fall to $10,000 in extreme cases by 2026. This view has sparked widespread debate in the market. There is still significant disagreement within the industry about whether a new crypto winter will occur around 2026.

Contrasting with these pessimistic forecasts, some long-term researchers remain optimistic about Bitcoin’s medium- and long-term prospects. Oh Tae-min, a part-time professor at Hanyang University Graduate School in South Korea, pointed out that there is no need to overly worry about short-term price fluctuations at this stage. He believes that Bitcoin is gradually moving away from the four-year cycle model centered on “halving events,” and its trend is beginning to resemble traditional assets like stocks.

Oh Tae-min stated that with the advancement of real-world asset tokenization and structural changes in the crypto market, Bitcoin’s position in the global financial system is expected to be further strengthened. His views have also been echoed by CZ, Cathie Wood of Ark Invest, and Geoffrey Kendrick, head of crypto research at Standard Chartered Bank, all of whom remain cautious about the traditional four-year cycle theory.

Against the backdrop of continuous on-chain real-world assets and the gradual digitization of the financial system, market focus is shifting from short-term volatility to long-term value. As Oh Tae-min said, it is now more important to pay attention to the changing role of Bitcoin in the global asset system rather than being swayed by short-term price fluctuations.

Verbitskii also emphasized that in the current uncertain market environment, maintaining patience and practicing good risk management are far more important than chasing short-term gains.