Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says

Bitcoin is now firmly in a deep bear market and could fall another 30% in 2026, firm said. What to know : Bitcoin is now firmly in a deep bear market and could fall another 30% in 2026, according to CK Zheng of ZX Squared Capital. Zheng argues that predictable investor psychology reinforces bitcoin’s four-year boom-and-bust pattern, keeping it a speculative asset rather than a safe-haven like gold.