By Omkar Godbole (All times ET unless indicated otherwise)
The new week isn’t kicking off on the brightest note. Bitcoin is already pulling back from its weekend bounce, slipping down to $86,000 from around $88,000. The CoinDesk 20 Index (CD20) is also feeling the chill, sliding to 2,758 points from its weekend high of 2,816.
BTC’s been on a tough four-week losing streak, marked by institutional capitulation. What’s next? Sharp sell-offs like this usually shake investor confidence, which doesn’t bounce back overnight. That makes a quick rally back to $100,000 or more by year-end pretty unlikely.
You can tell the mood from analysts’ comments, which mostly avoid clear directional views.
“In the short term, a rebound is…
