Coinbase Reveals What It Expects for the Bitcoin (BTC) Price Over the Next 3-6 Months

Coinbase Institutional’s latest monthly market outlook report notes that significant deleveraging has occurred in the crypto market following the massive liquidation wave on October 10, which may have created a short-term ￰0￱ to the institution, the market “reset, not broke” and an upward trend may emerge in the coming months as the leverage structure returns to healthy ￰1￱ to analysts, based on the implied distribution in the options market, the Bitcoin price could range between $90,000 and $160,000 over the next three to six ￰2￱ states that this distribution is asymmetrically ￰3￱ report also notes that expected Fed interest rate cuts, liquidity expansion, and new regulations are medium-term macroeconomic influences that could extend the cycle into ￰4￱ describes the October 10 liquidation as a squeeze driven by market fixtures, not a structural ￰5￱ pressure is mounting due to the sharp decline in altcoins and the pullback of market makers, the institution believes the fundamentals remain solid: “The sell-off brought the system back to a healthier level by bringing leverage levels back to levels closer to the beginning of the ￰6￱ expect a gradual upward climb rather than a sharp ATH run going forward.” Related News: This Year's Bitcoin Data for November Is Unusual - Here's a Comparison with Previous Years The institution also states that the risky altcoin segment was the most affected by the liquidation, while institutional investors remained largely insulated from this ￰7￱ to Nansen data, “smart money” flows have been directed towards EVM-based networks like Ethereum and Arbitrum in recent weeks, while Solana and Binance Smart Chain have seen a loss of ￰8￱ states that these flows are not buy signals, but rather indicators used to understand which ecosystems the market is concentrated ￰9￱ report states that the next strong upward wave will likely be driven by ￰10￱ investors were minimally affected by the liquidation wave because they kept their leverage low and largely concentrated in large-cap assets.

Therefore, the market is expected to regain strength as institutional appetite returns, but it notes that this could take several months. *This is not investment ￰11￱ Reading: Coinbase Reveals What It Expects for the Bitcoin (BTC) Price Over the Next 3-6 Months