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Santiment: The panic sentiment has not yet sufficiently confirmed that the market has bottomed out, and Bitcoin could still fall to $75,000.
On December 21, Maksim Balashevich, founder of the crypto market analysis firm Santiment, stated that there has not been enough panic on social media to confirm that the market has bottomed out, and Bitcoin could still fall to around $75,000, indicating a potential decline of about 14.77% from current levels. Balashevich explained that many users remain optimistic that the downtrend will reverse in the short term, but this typically does not happen when a true market bottom is formed. On Thursday, Jurrien Timmer, head of global macro research at Fidelity, indicated that Bitcoin may “stagnate for a year” in 2026, with prices possibly falling to around $65,000. Matt Hougan, chief investment officer at Bitwise, predicted that 2026 will be the “year of rise” for Bitcoin.