Bitwise Asset Management released 10 crypto predictions for 2026, outlining a 
forcefully bullish, bitcoin-centered outlook driven by ETF demand, 
institutional adoption, regulatory progress, supply constraints, and a 
shifting market structure favoring sustained upside momentum ahead. Bitwise 
Forecasts 10 Predictions as Bitcoin Decouples From Stocks and Follows Crypto- 
Specific Catalysts Bitwise Asset Management, a U.S.-based asset manager, […]

Bitwise Unloads 10 Predictions: ‘Bulls Will Win out’ Across Bitcoin, Altcoins, Crypto ETFs

An analyst has explained when Bitcoin could possibly reach a bottom, based on 
the historical pattern followed by its price across cycles. Bitcoin Has Tended 
To Take 364 Days From Major Tops To Bottoms In a new thread on X, analyst Ali 
Martinez has discussed about what history could hint about when Bitcoin might 
reach a bottom in the current cycle. &#8220;Bitcoin $BTC major cycles have followed 
a surprisingly consistent rhythm, both in timing and depth,&#8221; noted Martinez. 
Related Reading: XRP Retail Turns Fearful Again—A Classic Contrarian Setup? 
Below is a chart shared by the analyst that highlights some of the 
similarities that the last few BTC cycles have shared. As is visible in the 
graph, the quarterly price of Bitcoin has taken roughly 1,064 days to reach 
the top from the bottom of the previous bear market during the last three 
cycles. This is naturally assuming that the cryptocurrency&#8217;s high above 
$126,000 was the top for the current cycle. The distance from the top to the 
next bottom was also similar in the 2017 and 2021 cycles on the 
cryptocurrency&#8217;s quarterly chart, coming at about 364 days. &#8220;If this pattern 
holds, Bitcoin $BTC is now inside that 364-day correction window, which points 
to a potential bottom around October 2026,&#8221; explained Martinez. In the chart, 
the analyst has also highlighted a possible bottom target for Bitcoin, based 
on, once again, the pattern from the previous cycles. The 2018 bear market 
reached its low after a drawdown of 84.22% from the bull market top, while the 
2022 bear involved a decline of 77.57%. Martinez has drawn a drawdown of 70% 
for the current cycle, which would put the price target at the $37,500 level. 
It now remains to be seen whether this cycle will follow a trajectory anything 
like the last cycles or if the asset will go a different direction this time 
around. The chart for the Bitcoin cycles is showcasing the long-term trend of 
the asset using its quarterly price, but what about the short-term direction? 
In another X post, the analyst has shared the 4-hour chart for BTC, 
highlighting a technical analysis (TA) pattern forming on a short scale. As 
displayed in the above chart, Bitcoin has potentially been following a 
Parallel Channel on its 4-hour price during the last few weeks. A Parallel 
Channel appears whenever an asset observes consolidation between two parallel 
trendlines, with the lower level acting as support and upper one as 
resistance. Related Reading: Bitcoin Perps Heat Up Again As Leveraged Longs 
Rise The cryptocurrency retested the lower line of this Parallel Channel last 
week, which led to a rebound as support held up. The asset has since returned 
to the middle zone of the pattern, suggesting there isn&#8217;t any clear bias in 
either direction right now. BTC Price At the time of writing, Bitcoin is 
floating around $87,300, up 0.7% in the last seven days. Featured image from 
Dall-E, chart from TradingView.com

When Will Bitcoin Bottom? History Points To October 2026, Says Analyst

XRP is testing a critical long-term demand zone below the $1.90 level as 
market conditions continue to deteriorate across the altcoin sector. After 
failing to sustain upside momentum, price action has turned increasingly 
fragile, with bulls struggling to defend key support levels. The structure now 
reflects growing weakness, reinforcing concerns that the broader market may be 
transitioning into a bearish phase that leaves altcoins exposed to deeper 
drawdowns. Related Reading: Bitcoin and Ethereum Coinbase Inflows Collapse 
While Binance Retains Relative Activity – Details Despite the softening price 
action, on-chain data is sending a more nuanced signal. A recent CryptoQuant 
report by CryptoOnchain highlights a sharp decline in XRP exchange reserves on 
Binance, even as price has continued to correct. Historically, falling 
exchange balances suggest that fewer tokens are being held on platforms where 
they can be readily sold, often pointing to reduced sell-side pressure rather 
than aggressive distribution. This divergence between price behavior and on- 
chain supply dynamics is particularly notable at current levels. While XRP’s 
chart suggests that buyers are losing control in the short term, the 
contraction in exchange reserves raises questions about how much selling 
pressure remains if price continues to slide. In past market cycles, similar 
conditions have preceded periods of stabilization or relief rallies, 
especially when broader sentiment becomes excessively pessimistic. As XRP 
hovers below $1.90, the coming sessions will be decisive. Whether shrinking 
exchange supply can offset weakening technicals will determine if XRP finds a 
base or extends its decline alongside the wider altcoin market. Exchange 
Reserves Hit Multi-Month Low as XRP Tests Key Demand Zone On-chain data is 
highlighting a notable shift in XRP’s supply dynamics at a critical moment for 
price action. According to the XRP Ledger Exchange Reserve chart, XRP balances 
held on Binance have dropped sharply to around 2.66 billion XRP. This 
represents the lowest exchange balance recorded since July 2024, signaling a 
meaningful contraction in the amount of XRP readily available for sale on the 
market. Historically, such declines in exchange reserves are interpreted as a 
constructive signal. They indicate that investors and larger holders are 
moving tokens off exchanges into self-custody, reducing immediate sell-side 
liquidity. When the supply available for trading shrinks, even modest demand 
can have a disproportionate impact on price, creating the conditions for a 
potential supply-driven move. This on-chain development is unfolding as XRP 
trades at a technically sensitive level. Price is currently testing the major 
demand zone between $1.80 and $1.90, an area that has previously acted as a 
foundation for broader bullish structure. Momentum indicators add context, 
with the RSI sitting in the lower range, suggesting bearish pressure is 
fading, though a confirmed reversal has yet to materialize. The alignment of 
declining exchange supply and strong technical support strengthens the case 
for a potential stabilization or rebound. If buyers successfully defend the 
$1.80 level, reduced liquid supply could fuel a sharp recovery. However, a 
decisive breakdown below this zone would undermine the bullish on-chain thesis 
and reopen downside risk. Related Reading: Gold &amp; Silver Break Out While 
Bitcoin Chops: Why Capital Is Flowing Into Precious Metals XRP Tests Long-Term 
Demand as Weekly Structure Weakens XRP is trading near the $1.87 level on the 
weekly chart, extending a prolonged corrective move that has eroded much of 
the bullish momentum built earlier in the cycle. After topping above the 
$3.40–$3.60 region, price has consistently printed lower highs and lower lows, 
confirming a clear shift toward a bearish medium- to long-term structure. The 
latest weekly candles show sustained selling pressure with limited downside 
wicks, suggesting weak dip-buying interest at current levels. From a trend 
perspective, XRP has lost its key weekly moving averages. Price is now firmly 
below the faster weekly average, which has rolled over and turned into 
resistance around the $2.40–$2.60 zone. The longer-term moving averages remain 
well below the current price, indicating that while the macro uptrend from 
prior years is technically intact, momentum has deteriorated sharply. Related 
Reading: The Gold-to-Bitcoin Rotation Narrative Gains Strength: A Data-Driven 
Review The $1.80–$1.90 area stands out as a critical demand zone. This region 
has acted as structural support in the past and now represents the last 
meaningful level bulls must defend to avoid a deeper breakdown. A sustained 
weekly close below $1.80 would significantly weaken the broader structure and 
expose XRP to a move toward the $1.50 area or lower. Selling activity 
increased during the breakdown from $2.50, while recent weeks have shown 
declining volume, pointing to exhaustion rather than accumulation. For XRP to 
regain strength, price would need to reclaim the $2.20–$2.40 region and 
establish acceptance above former support-turned-resistance. Featured image 
from ChatGPT, chart from TradingView.com

XRP Exchange Reserves On Binance Fall To Six-Month Low: Selling Pressure Is Easing

Recent market dynamics have seen Ethereum (ETH) at the forefront of a 
significant decline in the altcoin sector, pushing many top cryptocurrencies 
below crucial price levels. Market expert CyrilXBT has taken to social media 
platform X (formerly Twitter) to unravel the factors contributing to this 
downturn and explore the potential for a recovery rally in 2026. Altcoin 
Struggles CyrilXBT began his analysis by addressing the role of Bitcoin (BTC) 
dominance in the market. When Bitcoin&#8217;s dominance increases, capital tends to 
concentrate within the asset rather than exiting the broader cryptocurrency 
market. Related Reading: Expert Predicts Bitcoin Could Hit $70,000, Drawing 
Parallels To December 2021 Crash This indicates that Bitcoin becomes a refuge 
for investors seeking safety, while altcoins transform into sources of 
liquidity. As a result, risk compresses prior to any expansion, a pattern 
consistently observed in previous cycles before altcoins regain strength. 
Another contributing factor to the current turmoil is tax-loss harvesting. 
Cryptocurrencies are one of the few major asset classes that have seen 
declines compared to January 1st, with equities and gold demonstrating gains. 
To lock in losses before year-end, funds are actively selling off unprofitable 
altcoin positions, crypto exchange-traded funds (ETFs), and other high-risk 
assets. CyrilXBT noted that this pressure would likely dissipate as the 
calendar turns to the new year. Liquidity Lag And Exhausted Demand The expert 
further highlighted that liquidity tends to work on a lagging basis. Although 
the Federal Reserve (Fed) has started to inject liquidity back into the 
system, markets typically do not react immediately. Historically, improvements 
in liquidity occur first, followed by Bitcoin stabilizing, with altcoins 
lagging behind. Currently, the market remains in the lag phase, not yet 
experiencing the anticipated breakout. With low volatility, stagnant Bitcoin 
prices, and declining altcoins, CyrilXBT asserts that it evokes memories of 
previous cycles, such as the early 2019 and early 2023 recoveries. Related 
Reading: Ethereum Bearish Structure Meets Bullish Supply Signal – What Happens 
Next Overall, the drop in the altcoin market can be attributed to several 
interconnected factors: rising Bitcoin dominance, peak tax-loss selling, thin 
liquidity, exhausted demand, and the delayed effects of macro liquidity. 
Instead of a capitulation scenario, the expert suggests that this moment 
appears to represent compression—a phase that frequently precedes significant 
recoveries. Featured image from DALL-E, chart from TradingView.com

Altcoin Struggles: What The Future Holds And The Potential For A 2026 Revival

Venture partners such as Pantera, Hash3 and Variant look back on a year of 
regulatory shifts and uneven markets, outlining crypto’s biggest winners and 
losers in 2025.

Cryptocurrency price in ILS