– Bitcoin price could drop to $50,000 in 2026 – Gold rally continues with no signs of stopping – Liquidity in Bitcoin is drying up rapidly – Capital inflows into Bitcoin have slowed significantly – Institutional holders disrupt traditional selling dynamics – Bitcoin Hyper presale raises over $30 million

Bloomberg's commodity strategist, Mike McGlone, predicts a potential price drop for Bitcoin to $50,000 in 2026. This prediction comes amid ongoing selling pressure and liquidity issues.

  • Bitcoin has struggled under consistent selling pressure, with its price dropping below $90,000.
  • Stability in equity markets could help prevent further declines, but stock market volatility may impact Bitcoin negatively.
  • McGlone highlighted gold's exceptional performance as a warning sign for crypto markets.
  • Despite a supportive macroeconomic environment, Bitcoin trades 30% below its October high of $126,000.

Bitcoin Capital Inflows and Market Dynamics

  • CryptoQuant CEO Ki Young Ju noted that capital inflows into Bitcoin are slowing down.
  • Diversified liquidity channels mean the timing of inflows is less critical.
  • Institutional holders have changed the traditional market dynamics, reducing the whale-to-retail sell cycle.
  • Capital is shifting towards equities and commodities like gold and silver.
  • No expectation of more than a 50% drawdown from Bitcoin’s all-time highs.

Bitcoin Hyper Presale and Layer-2 Platform

  • Bitcoin Hyper, a Layer-2 scalability platform, has raised over $30 million.
  • The project aims to enhance the Bitcoin network by speeding up transactions and reducing fees.
  • Tokenomics: Ticker - HYPER, Price - $0.13545, Funds Raised - $30.266 million.
  • Encourages DeFi growth on the platform, attracting developers to build applications.