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Grayscale: Bitcoin will reach a new high in 2026, and a pullback of over 25% is common during a bull run.
BlockBeats news, on December 2, Grayscale Research stated in its latest report that Bitcoin could reach a new high in 2026, which refutes market concerns that Bitcoin will enter a prolonged period of low performance. Grayscale pointed out that while long-term investors have historically benefited from fluctuations, they often must “endure sometimes quite challenging pullbacks.” A pullback of 25% or more during a bull run is common and does not necessarily indicate the start of a long-term downtrend.