Market News

Goldman Sachs Predicts Bitcoin's Bottom Could be Near in Three Months

As geopolitical tensions escalate with the ongoing US-Iran conflict, Bitcoin (BTC) and altcoins are feeling the pressure, resulting in recent price declines.

Currently, Bitcoin has dropped below $68,000, while Ethereum (ETH) is nearing the $2,000 threshold.

Despite the uncertainty in the market, Goldman Sachs suggests that Bitcoin may be approaching its lowest point after a significant downturn.

Chief analyst James Yaro mentioned that the recent selling pressure has lessened and market balances are beginning to stabilize, which indicates a potential end to the sharp declines.

He acknowledged that macroeconomic issues such as the Federal Reserve’s policies and geopolitical risks remain relevant, but their impact seems to be diminishing.

Notably, Bitcoin and BTC-related stocks have already experienced a 46% drop since October 2025, which Yaro interprets as an investment opportunity.

He also pointed out that despite a 50% market correction, current market dynamics appear stronger compared to previous cycles.

Bitcoin has established a solid support range between $60,000 and $75,000, which may facilitate a consolidation phase rather than further declines.

Yaro forecasts a bottoming period lasting around three months, with more positive market movement expected in the latter half of 2026.

Goldman Sachs’ predictions are further backed by its substantial investments in Bitcoin and Ethereum ETFs, totaling approximately $2.36 billion by the end of 2025.