Bitcoin Falls Nearly 30% Year-to-Date, NYDIG Says Could Drop to $38K-$39K If 2022 Pattern Repeats

BTC-0.79%
According to NYDIG, Bitcoin has fallen nearly 30% in 2026, underperforming traditional assets including U.S. Treasuries, silver, and the Swiss franc. The report states that if Bitcoin replicates the 2022 downturn pattern completely, the cycle low could reach $38,000-$39,000. NYDIG attributed the current weakness to supply mechanics rather than risk sentiment, noting structural similarities between the current 2025-2026 pullback and the adjustment years of 2014, 2018, and 2022.
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