Bitcoin price predictions for the rest of the year vary widely, with estimates ranging from $40,000 to $80,000. Bitcoin (CRYPTO: BTC) is trading at $65,906, down 24.7% from the start of the year and 48% below its all-time high of $126,080 in October 2025. To reach the top end of the forecast range by December 31, Bitcoin would need to rally 21%.

Sellers have dominated the market for weeks. Bitcoin reached $84,082 on October 21 and has dropped 20.4% over the past 30 days, including a 4.3% decline in the last 24 hours. Research firm Bespoke noted that Bitcoin is “deep into oversold…