Bitcoin Staying in Bear Market? Case for 60% Drop in 2026 & Drivers Behind Downtrend
Schwab Network · Schwab Network
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Show Notes
Steven McClurg says the four-year cycle for Bitcoin is "still very much intact," pointing to energy as the main culprit to crypto's down action in the final quarter of 2025. He says energy prices caused crypto miners to sell Bitcoin sooner than expected. Heading into 2026, Steven expects crypto to move deeper into a bear market and makes the case for Bitcoin falling 60% below October's all-time high. He offers investing advice for navigating the expected downtrend in cryptocurrencies.
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