According to Lee, the premier cryptocurrency has a chance to return to a bullish trend by year-end, though it might not be as anticipated back in October.
“I still believe some of the best days for the foremost cryptocurrency will occur before the close of the year,” Lee clarified.
He pointed out a key characteristic of Bitcoin: the bulk of the yearly growth happens across just a few trading days, and significant price movements for the asset only take place on about 10 days annually.
In 2024, Bitcoin’s 10 strongest days yielded a cumulative return of 52%, whereas during the remaining 355 days, the asset on average dropped by 15%. Perhaps the leading digital currency has already hit bottom, thinks the head of BitMine.
The present dip in Bitcoin’s volatility may favor long-term investors, as it sets the stage for a gradual demand revival. The market is beginning to exhibit more resilient behavior: sharp spikes in selling volume are decreasing, and the inflow of institutional funds, while minor, remains steady, Lee emphasized.
Previously, analysts at Citigroup bank suggested that in the first quarter of 2026, the price of the primary cryptocurrency might stay within the $82,000–$90,000 range without sharp price fluctuations.
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