Bitcoin’s latest pullback has drawn a fresh bearish call from influencer Andrew Tate, who said in a video on X that the token could slide to $26,000.
He framed the view around crowded long positions and overheated optimism, arguing that a flush of leverage would push prices to a lower support area.
The post quickly ricocheted across crypto feeds, stirring debate over whether the prediction reflects mounting stress or merely noise.
Regulatory have whipsawed sentiment, including an SEC move prompted pullback in several crypto ETFs.
Macro uncertainty has crept back into risk assets as governments test tougher trade measures, highlighted when Trump hits home goods with new tariffs that reignited growth and inflation questions.
Elevated funding rates and rising open interest can leave the market vulnerable when price momentum stalls. If spot dips through near term support, forced liquidations can accelerate the move lower before market makers step in to rebuild depth.
Others counter that the structure looks sturdier than during recent shakeouts, noting that on-chain flows and spot demand from dollar cost averaging buyers have helped absorb supply.
Institutional interest has not vanished, corporate treasuries continue to experiment with exposure, and mainstream banks keep publishing research that frames bitcoin’s role across asset classes.
A recent Deutsche Bank comparison put bitcoin back in the spotlight against traditional stores of value, even as short term trading remains dominated by leverage and news-driven swings.
Earlier this season, an altcoin rally heats up phase underscored how quickly risk appetite can rotate across the crypto complex.
Sharp moves are common when leverage builds and liquidity thins, so risk management matters more than point targets. If the market does not break lower, those same dynamics can fuel a quick snapback.