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FxPro review: Crypto rebound is fading, 40% drop possible
The recent rebound in cryptocurrency markets appears to be fading, with Bitcoin facing renewed downside pressure and the possibility of a sharp correction, according to an analysis published by FxPro.
The brokerage notes that despite brief rallies, the broader crypto market is showing signs of internal weakness and growing profit-taking.
Selling pressure returns after brief rally
Bitcoin climbed to around $88,000 on Tuesday before slipping back below $87,000 by Wednesday afternoon, highlighting what FxPro describes as strong selling pressure interrupted only by short-lived rebounds. The firm estimates that a 40% decline from recent levels remains possible if current trends persist.
FxPro analysts argue that Bitcoin’s recent underperformance relative to equities is notable. While such divergence has previously been viewed as a warning signal for stock markets, the firm says the current pattern is more likely driven by crypto-specific factors, including waning momentum and investors locking in profits after earlier gains. Still, FxPro cautions that broader market risks cannot be entirely dismissed.
Bearish long-term forecasts gain attention
Adding to the cautious outlook, Bloomberg Intelligence commodities strategist Mike McGlone warned that Bitcoin could fall to $10,000 in 2026. McGlone suggested that the next global economic recession may be triggered by the collapse of highly speculative digital assets with effectively unlimited supply.
Veteran market analyst Peter Brandt offered a similarly bearish view, predicting that Bitcoin could decline as much as 80% from its record high, potentially falling to around $25,240. Brandt attributed this scenario to a disruption in Bitcoin’s long-term growth structure, a technical signal that has preceded major downturns in other asset classes.
About FxPro and market access
FxPro is a global online broker providing access to forex, CFDs, indices, commodities, shares, and cryptocurrencies. The firm offers multiple trading platforms, advanced analytical tools, and market commentary designed to help traders navigate volatile conditions.
How traders can get started with FxPro:
1. Register a trading account
2. Complete identity verification
3. Fund the account
4. Access market analysis and trade available instruments
FxPro emphasizes that crypto markets remain highly volatile and that risk management is essential as investors reassess valuations heading into 2026
We also reported that FxPro outlines 2026 currency market priorities.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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