Bitcoin price prediction: $65,000 level signals bear phase, Sjuul Follings asserts

Bitcoin price prediction: $65,000 level signals bear phase, Sjuul Follings asserts
Bitcoin forecast signals bear phase

Sjuul Follings introduced 'Market Pitstop,' a new series powered by BybitEU, aimed at delivering fast and precise market updates. In the latest update, Bitcoin is valued at $65,000, marking a 52% decrease from its peak in the October 2025 cycle.

Historical data suggests that a potential market bottom could emerge around the fourth quarter of 2026, indicating the current phase of the cryptocurrency market.

The recent volatility in Bitcoin mirrors broader patterns previously observed in the cryptocurrency sector, such as the sharp correction detailed in the Monero plummet amid broader market downturn. This period of uncertainty also reinforces the need for adaptability in investment approaches, a theme Sjuul Follings addressed in an analysis advising a crypto investment strategy shift to better navigate prolonged market cycles.

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