Bitcoin could drop another 30% this year as DAT sell-off risks extend bear market

CK Zheng, the founder of ZX Squared Capital, projects Bitcoin may decrease by 30% in 2026. Bitcoin’s all-time high was over 126,000 USD in October 2025, with its current price at approximately 68,000 USD.

Investor psychology and low institutional adoption, with only 10% market share, contribute to the ongoing bear market. Economic pressures on companies holding Bitcoin may lead to additional sell-offs, intensifying downward pressure.