So Coinbase and Glassnode did this report together, and they’re saying things look better for crypto as we head into 2026. They believe all the excess use is out of the market now. Macroeconomic stuff seems stable too, which is good news.
Yeah, I saw that! It's wild how about 70% of institutions think BTC is undervalued, but only a quarter believe we’re in a bear market. I mean, these institutions aren't panicking at all, which is different from last cycles when they sold off fast. But I wonder how reliable the survey is with possible selection bias.
Right? If they're only surveying existing investors, that skews the results for sure. They're already biased towards being bullish. I think if fresh money starts flowing in, we could see a real change in demand. Personally, I feel like this year will echo last year, with ups and downs, but not as bullish overall.
Totally agree. The survey shows the market is reacting in a unique way. Like, we might be heading for a bear market, but investors still trust Bitcoin despite the odds. More money is going into BTC, which signals long-term faith. I doubt we’ll hit the lows we’ve seen in past bear markets before the next bull run.
It’s interesting to see institutions recognizing BTC's potential even through all the cycles of fear and greed. Makes me feel optimistic for the future. Definitely a positive development for crypto overall.