According to the businessman, over the past four years, the crypto market has experienced several upheavals linked to inflation spikes, political happenings, and uncertainty in central bank behavior. Due to all of the above, investors are hesitant to commit substantial capital to cryptocurrencies, laments the chairman of the board at BitMine.
“A brief bear trend might occur in the crypto market in 2026. However, the correction will not negate the bullish sentiment. If bitcoin manages to breach the key $100,000 level, the classic four-year cycle may cease to function,” suggested Lee.
The crypto market is showing signs of revival, but it hasn’t fully recovered the losses inflicted by the massive liquidations of trader positions on October 10-11. The market remains susceptible to central bank rhetoric, so shifts in state monetary policy are capable of temporarily intensifying pressure on the premier cryptocurrency’s prices, the entrepreneur considered.
The interest of major corporations in bitcoin persists, which limits the depth of potential downturns. Even with possible volatility increases, the crypto market could utilize a correction as a phase for accumulation before a new growth impulse, concluded Lee.
Previously, Glassnode analysts asserted that for the leading cryptocurrency to exit the bear trend, it must stabilize above $95,000. Without this requirement, the asset will remain excessively vulnerable to macroeconomic events.
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