Bitcoin enters bearish territory as institutional buying wanes and key 
indicators turn negative, signaling a potential end to the current market 
cycle.

Bitcoin hits ‘most bearish’ levels: Is the bull cycle ending?

Cardano (ADA) founder Charles Hoskinson previously projected that the Bitcoin 
price could reach an impressive price of $250,000 as early as this year. This 
bold forecast, made in April, came at a time when Bitcoin was trading at 
$77,000 after achieving a record high of $109,000 in January. Hoskinson&#8217;s 
Optimistic Bitcoin Price Forecast Hoskinson&#8217;s optimism was based on his belief 
that international negotiations, particularly between the US and China, would 
favor Bitcoin’s growth. The Cardano founder suggested that easing tariffs 
would lead to a positive market reaction and bolster adoption, particularly 
with the anticipated passage of the GENIUS Act, which was signed into law by 
President Trump a few months later. Related Reading: Bitcoin Dips Below 
$90,000—Yet Altcoins Remain Unscathed: Here’s Why However, the current market 
realities have raised doubts about Hoskinson&#8217;s prediction. Since then, Bitcoin 
has experienced significant fluctuations, briefly regaining momentum to reach 
$126,000 mid-October, only to see the broader crypto market subsequently shed 
over $1 trillion in total market cap. This downturn has largely been 
attributed to persistent selling pressure by concerned investors, and 
substantial outflows from the Bitcoin exchange-traded fund (ETF) sector, with 
nearly $2 billion sold over since October. As it stands, Bitcoin is trading at 
approximately $89,300, marking a nearly 30% decline from its recently achieved 
all-time highs. In light of this, Jacob King, CEO of Swandesk, publicly 
dismissed Hoskinson&#8217;s $250,000 price target, characterizing it as unrealistic. 
Is Bitcoin In A New Bear Market Cycle? In a post on social media platform X 
(formerly Twitter), King stated that such lofty price predictions are “pulled 
out of thin air” and reflect a market still grappling with “delusions.” King 
elaborated on his viewpoint, suggesting that the industry is in the early 
stages of a new bear market cycle. He is not alone in this assessment. Market 
expert Lark Davis recently noted that, based on the classic four-year Bitcoin 
price cycle, the cryptocurrency has officially entered bear market territory. 
Davis commented that this scenario leaves two possibilities: either the 
established four-year cycle is no longer relevant, or the market has indeed 
shifted into a bearish phase. Given the current macroeconomic backdrop, he 
leans toward the latter interpretation. Related Reading: Kraken Achieves $20 
Billion Valuation With $200 Million Investment From Citadel Additionally, 
others in the market have echoed these bearish sentiments. An analyst known as 
Mr. Wall Street has recently speculated that the Bitcoin price peaked at 
$126,000. The analyst believes that this may mark the zenith for this cycle, 
predicting that the Bitcoin price could next face significant downward 
pressure, potentially slipping to a range between $74,000 and $82,000. He 
further forecasts a possible decline to levels between $54,000 and $60,000 by 
the fourth quarter of 2026. Featured image from DALL-E, chart from 
TradingView.com

CEO Cuts Cardano Founder’s Bitcoin Price Forecast, Warns Bear Market Just Starting

The exchange will publish monthly, independently verified reserve reports, 
giving users third-party confirmation that assets are fully backed.

MEXC taps Hacken for proof-of-reserves audits to boost transparency

Hyperliquid price is pressing against the $40 mid-range level as new wallet 
integrations start to reshape user demand and trading flows. Hyperliquid was 
trading near $39 at press time, up about 2% in the past 24 hours as the 
market…

Hyperliquid price eyes $40 mid-range breakout amid Phantom, SafePal wallet integrations

What to Know: Bitcoin Hyper aims to turn Bitcoin into a fast, smart-contract- 
ready Layer 2 using SVM, canonical bridging, and ZK-secured rollups. The 
$HYPER presale has raised over $28.16M at roughly $0.013305 per token, with 
strong whale entries and active retail demand. Stakers can lock $HYPER for 
around 41% APY, with over a billion tokens already committed, aligning early 
holders with long-term network growth. Price models suggest multi-X potential 
if the roadmap lands, but competition, delivery risk, and market shocks make 
$HYPER a high-risk, high-reward bet. Bitcoin is at $92K now, but it doesn’t 
exactly feel like victory lap season. Price action is choppy, majors are 
flashing double-digit red, and on-chain data keeps reminding everyone that the 
original crypto is still slow, expensive, and allergic to smart contracts. 
Bitcoin processes around seven transactions per second, fees spike whenever 
activity returns, and most of DeFi, NFTs, and on-chain experimentation still 
lives on faster networks like Solana. That leaves a strange gap: the most 
valuable asset in crypto is mostly sidelined from the high-growth side of 
Web3. That gap is exactly what new Bitcoin Layer-2 projects are trying to 
close. Among them, Bitcoin Hyper ($HYPER) has quietly pushed its presale past 
$28M at ~$0.013305/token, just as the market shifts back from panic to 
cautious dip-buying. Multiple market roundups now place it in the micro-cap, 
infrastructure-narrative bucket that speculators scan when they hunt the next 
1000x crypto. Bitcoin Hyper’s pitch is simple but aggressive: turn Bitcoin 
into a high-throughput, smart-contract-ready Layer 2 while keeping Bitcoin- 
grade security. Under the hood, that means a Solana-style virtual machine, a 
canonical bridge for wrapped $BTC, and a rollup design secured with zero- 
knowledge proofs. Early investors have already staked over a billion $HYPER 
for yields around 41% APY, and whale buys in the hundreds of thousands of 
dollars ($500K just 6 days ago) suggest larger players are at least testing 
the waters. With the presale now past the $28M mark, the obvious question is 
whether Bitcoin Hyper is just another cycle narrative… or a serious contender 
for the next breakout Layer-2 play. Bitcoin Hyper Turns Bitcoin Into A DeFi- 
Capable Layer 2 At its core, Bitcoin Hyper is a rollup-style Layer-2 built 
specifically for Bitcoin. Users send $BTC to a monitored address on the main 
chain; an SVM-based smart contract verifies the deposit and mints an 
equivalent amount of $BTC on the Hyper network. Once bridged, that wrapped 
$BTC moves on a high-throughput chain with near-instant finality and sub-cent 
fees. Instead of forcing Bitcoin itself to run complex logic, Bitcoin Hyper 
batches transactions off-chain and periodically commits state back to Layer 1 
using zero-knowledge proofs. That keeps the heavy security properties where 
they belong while shifting day-to-day activity to a faster execution layer. In 
practice, it lets Bitcoin behave like a settlement engine while Bitcoin Hyper 
handles payments, trading, and app activity. The Solana Virtual Machine is a 
key part of that design. By leaning on SVM tooling, Bitcoin Hyper lets 
developers deploy DeFi protocols, NFT marketplaces, games, and order-book DEXs 
with a familiar stack. Rust devs who already know Solana don’t need to relearn 
everything just to build on a Bitcoin-settled rollup. That cuts friction and 
gives the project a realistic path to a working ecosystem instead of a ghost 
chain. For anyone who wants exposure tied to Bitcoin and access to DeFi 
yields, NFT rails, and meme coin experiments, a $BTC-anchored Layer-2 like 
this is a clean narrative. If that thesis plays out and Bitcoin Hyper actually 
ships at scale, $HYPER stops being just a meme-wrapped token and starts 
looking like the core asset of a new Bitcoin DeFi stack. 📚 Read more about 
what Bitcoin Hyper is planning in our guide. Bitcoin Hyper Breaks $28M, Whales 
Continue Buying Stacks On the numbers side, $HYPER has already raised over 
$28M, placing $HYPER firmly in the early micro-cap bracket. The current stage 
price is $0.013305, up roughly 15% from the initial $0.0115, with fresh 
funding still flowing in despite broader market volatility. Presale buyers can 
also stake their tokens for 41% APY now, but this will drop as more people 
stake tokens. On the upside math, our Bitcoin Hyper price prediction outlines 
a 2026 high around $0.08625, assuming the roadmap is delivered and liquidity 
lands on major exchanges. From today’s presale price of $0.013305, that 
implies roughly a 6.5x to the 2026 high if everything clicks. Longer term, 
$HYPER could push a 2030 high near $0.253, which would be a 20x-plus move 
versus early presale levels. 🤑 Here’s how to buy $HYPER before it hits $30M. 
This is exactly type of asymmetric setup presale hunters look for. A Bitcoin- 
settled rollup with audited contracts, a live staking program, and more than 
$28M already committed has a very different risk profile from pure meme plays 
with no tech. Some analysts are already tagging $HYPER as a potential high- 
beta proxy on Bitcoin’s evolution, and in a market obsessed with the next 
1000x crypto narrative, that combination of real infrastructure and early- 
stage pricing is why it keeps popping up on watchlists. Join the Bitcoin Hyper 
presale for just $0.013305/token! Disclaimer: This article is informational 
only, not financial advice. Crypto presales are highly risky; never invest 
more than you can afford to lose. Authored by Elena Bistreanu, NewsBTC – 
https://www.newsbtc.com/news/next-1000x-crypto-bitcoin-hyper-hits-28-million- 
upscales-bitcoin

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