Bitcoin Updates: Bitcoin Drops Amid Uncertainty, 2026 Optimists Remain Resilient Through Crypto Downturn
- Bitcoin fell below $85,000 in November amid $3.79B ETF outflows, its worst monthly loss since 2022. - Robert Kiyosaki sold $2.25M BTC holdings but predicts $250,000 by 2026, while Peter Brandt forecasts $200,000 by 2029. - Zero Knowledge Proof (ZKP) raised $100M in presales, outpacing AAVE and Pi Network as privacy-focused crypto gains traction. - Market volatility persists with 35% drop in perpetual futures open interest and Crypto Fear & Greed Index at multi-year low 11.
Bitcoin’s sharp drop below $85,000 in late November has triggered concerns about a potential deepening of the bear market, but some prominent voices remain confident in its future. Robert Kiyosaki, known for writing "Rich Dad, Poor Dad" and as a prominent
November saw Bitcoin’s troubles deepen,
Bitcoin’s immediate obstacles are worsened by underlying structural problems. Open interest in perpetual futures has
The conflicting signals in the market highlight the struggle between short-term instability and long-term promise. While Kiyosaki and Brandt foresee Bitcoin eventually breaking into six figures, significant obstacles remain. Regulatory oversight, economic unpredictability, and the aftereffects of the October liquidation—which erased $19 billion in leveraged positions—
With Bitcoin trading near crucial support, attention is turning to new initiatives aiming to reshape the crypto sector. Their progress could mark the beginning of a new phase where privacy and institutional involvement go hand in hand, even as traditional investors contend with ongoing market challenges.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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