PANews
PANews|Oct 15, 2026 16:11
[Bitcoin Tug-of-War Intensifies, Probability of Reaching $100,000 Before Christmas Falls Below 10%] According to Bloomberg, the crypto market is caught in a tug-of-war between bullish and bearish forces: on one hand, digital asset analysts remain optimistic; on the other hand, the speculative market has shifted toward a defensive stance, with risk appetite under sustained pressure. Bitcoin briefly fell below $80,000, marking its first dip in nearly a month. Dragged down by the sell-off in the U.S. stock market's AI sector, risk assets broadly retreated, further undermining the bullish sentiment the crypto market had been attempting to rebuild. Nick Forster, founder of Derive.xyz, stated that over the past 24 hours, the market-priced probability of Bitcoin reaching $100,000 before Christmas dropped by 2.8 percentage points to 9.7%.
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