The Currency analytics

BITmarkets Warns Bitcoin Faces Extended Sideways Trading Through 2026

By Evie Vavasseur

Bitcoin stays stuck. The world's biggest cryptocurrency can't break free from its $60,000 to $70,000 trading range, and BITmarkets thinks this sideways action could drag on for…

The crypto research firm dropped a detailed report March 1st from their Kingstown headquarters, painting a pretty grim picture of where digital assets are headed.

The old crypto winters came from exchange hacks, regulatory crackdowns, or some major player going bust.

Miners are getting squeezed hard. Energy costs shot up across most regions, and with Bitcoin prices stuck in neutral, profit margins keep shrinking.

But institutions aren't panicking yet. Major hedge funds and corporate treasury departments are mostly holding their Bitcoin positions instead of dumping them.

Blockchain development keeps moving forward despite the price doldrums. Big banks are still rolling out tokenization projects, and payment companies are building new crypto…

Trading volumes tell the real story though. Daily Bitcoin volume is way down from the crazy days of 2021 and 2022, when retail traders were throwing money at anything with "coin"…

The European Central Bank's rate decisions hit crypto markets harder than expected. When traditional assets offer better risk-adjusted returns, money flows out of speculative…

Daylami's team found some interesting patterns in the data. Established coins like Bitcoin and Ethereum are holding up better than smaller altcoins, which makes sense when…

Exchanges aren't complaining too much. Binance and Coinbase reported stable trading volumes in recent weeks, which gives them predictable revenue even if it's not growing.

Regulatory clarity keeps improving globally, but it's not enough to spark a rally. The U.S. is working on comprehensive crypto rules that should drop later this year, and…

Market psychology plays a huge role here. Fear and uncertainty dominate short-term thinking, even when long-term fundamentals look solid.

BITmarkets warns against fake websites trying to impersonate their platform. They're seeing more scam attempts as market conditions stay tough, with fraudsters targeting…

The full report runs over 50 pages and digs into technical analysis, market structure changes, and potential scenarios for the rest of 2026.

Energy prices remain a wild card for miners. If costs keep climbing, more operations will shut down, which could actually support Bitcoin prices by reducing supply.

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