CoinDesk
A prominent analyst known as the 'Crypto Godfather' is calling for further downside in Bitcoin, arguing the current price level does not represent a cycle bottom. The forecast carries an additional sting: a new all-time high before the end of 2026 is ruled out entirely under this view.
The call runs against the more optimistic consensus that has built up around post-halving seasonality and ETF-driven demand. Whether the macro backdrop — still shaped by rate uncertainty and risk-off positioning — gives this bear case more runway remains the key variable to watch.
Frequently asked questions
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What factors contribute to the 'Crypto Godfather's' prediction of further downside for Bitcoin?
The 'Crypto Godfather' cites the current price level not representing a cycle bottom and the ongoing macro backdrop shaped by rate uncertainty and risk-off positioning.
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How does this prediction contrast with the current market consensus on Bitcoin?
This prediction runs against the more optimistic consensus that anticipates price increases due to post-halving seasonality and ETF-driven demand.
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