Will bitcoin keep falling? As of August 1, 2026, public forecasts from major firms do not point to a single straight-line bearish outcome. The bigger debate is whether BTC is still testing support, moving into consolidation, or setting up for a later recovery.
Why this is not a simple yes-or-no question
When people ask whether bitcoin will keep falling, they are usually asking a bundle of smaller questions at the same time. Is the current selloff still active? Has the market reached a level where buyers may step in? If price weakness continues, is it more likely to be a fast drop or a slower grind lower?
The public forecasts available as of that date do not give one uniform answer. Some still see room for a strong recovery by the end of 2026, while others expect a broad consolidation range for much of the year. That split matters because it suggests the market is not being viewed as a one-direction collapse by every major voice.
What major forecasts are actually saying
The cleanest way to answer “will bitcoin keep falling” is to separate bullish year-end targets from more cautious near-term range views. A high target for later in the year does not mean an institution expects a smooth climb from here, and a consolidation call does not automatically mean a crash is coming next.
| Institution | Published | Timeframe | Target / Range | View |
|---|---|---|---|---|
| Bernstein | 2026-06-15 | End of 2026 | 150,000 USD | Bullish |
| Standard Chartered | 2026-02-12 | End of 2026 | 100,000 USD | Cautiously bullish |
| JPMorgan | 2026-02-01 | 2026 | 150,000-170,000 USD | Bullish |
| Galaxy Digital CEO Mike Novogratz | 2026-07-10 | Full year 2026 | 60,000-80,000 USD range | Neutral to cautious |
| Fidelity's Jurrien Timmer | 2026-06-01 | 2026 | 65,000-75,000 USD consolidation zone | Neutral |
Bernstein, in a report published in June 2026, set a 150,000 USD target for the end of 2026. The important detail is the context: it had cut its earlier 200,000 USD call and shifted to the view that bitcoin first needs to repair within the 100,000-150,000 USD area. That is not a denial of downside risk. It is a view that weakness can be followed by recovery.
Standard Chartered, in its February 2026 forecast, set a 100,000 USD target for the end of 2026. The tone was cautiously bullish rather than aggressively optimistic. It had already lowered its target twice, from 300,000 USD to 150,000 USD and then to 100,000 USD, while still keeping a 500,000 USD long-term view for 2030. It also identified ETF flows as the key variable, which tells readers that demand conditions still matter more than slogans.
JPMorgan, in February 2026, projected a 150,000-170,000 USD range for 2026. Its reasoning used a bitcoin-versus-gold volatility model, and it said support may exist around 94,000 USD. For anyone asking if bitcoin will keep falling, that support reference may be more useful than the upper target itself, because it gives the market a concrete zone to watch.
There are also clearly more cautious views. Galaxy Digital CEO Mike Novogratz, in July 2026, said bitcoin may trade in a 60,000-80,000 USD range for all of 2026, arguing that without a strong catalyst the market would struggle to reclaim 100,000 USD. That is not a crash forecast, but it does point to a weaker path than the more bullish calls.
Fidelity's Jurrien Timmer, in June 2026, described bitcoin as being in a 65,000-75,000 USD consolidation area for 2026. His basis was that the four-year cycle had not been broken and the market looked more like a post-cycle-top consolidation phase. In plain terms, this view leaves room for sideways digestion instead of assuming the market must immediately break much lower or recover sharply.
Three things matter most if you want to judge the downside risk
First, watch whether support keeps holding or starts failing repeatedly. JPMorgan, in February 2026, said support may exist near 94,000 USD. No support level is a promise, but repeated failures around a widely watched zone usually worsen market psychology. If that area holds after multiple tests, the case for nonstop downside becomes weaker.
Second, watch the catalyst side of the market. Standard Chartered, in February 2026, called ETF flows the key variable. Mike Novogratz, in July 2026, made a related point from a different angle by saying that without a strong catalyst bitcoin would struggle to get back to 100,000 USD. Those views meet in one place: price direction is not only about charts. It also depends on whether fresh demand returns.
Third, ask whether the market is correcting by price or by time. Fidelity's Jurrien Timmer, in June 2026, framed the current phase as consolidation. Bernstein, in June 2026, kept a 150,000 USD year-end target but acknowledged a step down from an earlier, more aggressive forecast. Put together, those calls suggest that continued weakness is possible, but so is a drawn-out period of range trading rather than a fresh collapse.
Common mistakes readers make with these forecasts
The first mistake is to treat a high target as an immediate directional signal. Bernstein's June 2026 target of 150,000 USD and JPMorgan's February 2026 range of 150,000-170,000 USD both refer to a broader timeframe. Neither forecast says bitcoin cannot fall more first or spend time moving sideways.
The second mistake is to treat a range forecast as a safety guarantee. Mike Novogratz, in July 2026, pointed to a 60,000-80,000 USD band, and Fidelity's Jurrien Timmer, in June 2026, pointed to a 65,000-75,000 USD consolidation zone. Those are scenario views, not hard floors. A range call describes what the speaker sees as likely, not what is impossible to break.
The third mistake is to let long-term optimism erase short-term risk. Standard Chartered kept a 500,000 USD view for 2030 in its February 2026 framework, but the same framework also included repeated cuts to nearer-term targets. Time horizon mismatch is a real problem for investors. A long-term thesis can still be painful if your capital or risk tolerance is short-term.
- Short-term traders: focus on whether support breaks, not on distant upside targets.
- Medium-term observers: distinguish between a bounce, a consolidation, and a trend reversal.
- Long-term holders: match your position size to the drawdown you can actually tolerate.
FAQ
Will bitcoin keep crashing from here?
As of August 1, 2026, major public forecasts do not show a single consensus crash call. A more accurate reading is that institutions are split between support-based recovery scenarios and extended consolidation scenarios.
Is it reasonable to expect more downside in bitcoin?
Yes, that concern is reasonable because some public forecasts remain cautious. Mike Novogratz, in July 2026, said bitcoin could spend the year in a 60,000-80,000 USD range if a strong catalyst does not appear.
Has bitcoin already found a bottom?
No public forecast can confirm a final bottom in advance. Still, JPMorgan's February 2026 view that support may exist near 94,000 USD gives traders and investors a specific area to monitor.
Do bullish institutional targets mean the selloff is over?
No. Bernstein in June 2026, Standard Chartered in February 2026, and JPMorgan in February 2026 all kept bullish or cautiously bullish targets, but none of those views removed the possibility of volatility, consolidation, or another leg lower first.
What if bitcoin gets no new catalyst?
That is where the cautious forecasts become more relevant. Mike Novogratz said in July 2026 that without a strong catalyst bitcoin would struggle to return to 100,000 USD, while Standard Chartered highlighted ETF flows as the key variable in February 2026.
How to use these forecasts without overreacting
The most practical approach is not to ask which institution will be perfectly right. Separate the forecasts by timeframe and condition instead. A cautious 2026 trading-range view and a more optimistic end-of-2026 target can both fit the same year if the market spends months consolidating before any recovery attempt.
If you are evaluating whether bitcoin will keep falling, build a simple checklist: watch whether support keeps breaking, whether ETF flow conditions improve, and whether institutional language shifts from “consolidation” toward “recovery” or back toward renewed weakness. Those signals are usually more useful than emotional calls for either panic selling or blind dip buying.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency prices are highly volatile. Always do your own research.

