Back to all news
Bitcoin

Is Bitcoin Really Headed to $38,000? NYDIG’s October Scenario, Explained

Bitcoin.com News·July 16, 2026·1 min read
Is Bitcoin Really Headed to $38,000? NYDIG’s October Scenario, Explained

NYDIG said Bitcoin could sink to a cycle low of $38,000 to $39,000 by October if the current drawdown matches 2022's bear market depth. The financial services firm outlined this bleak scenario in its second-quarter review, warning of extended downside.

Read at Bitcoin.com News
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store