Bankless co-founder: Bitcoin may have entered a consolidation phase, and the bottom has likely already formed

Chaincatcher2026/07/16 15:29

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ChainCatcher news, Bankless co-founder David Hoffman stated that Bitcoin currently faces two possible paths: sideways consolidation at the bottom, or a final round of panic selling.

He believes that Bitcoin is more likely to enter a sideways consolidation phase and that the bottom has basically formed.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bankless co-founder: Bitcoin may have entered a consolidation phase, and the bottom has likely already formed

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