I asked if Bitcoin would bottom in a July 28, 2026, Barchart article, and I concluded with the following:
Given their volatility, I believe Bitcoin and COIN are best suited for trading rather than investing. Accepting small losses in the quest for oversized profits is optimal in the cryptocurrency asset class.
Price history suggests that Bitcoin and COIN will find bottoms. Time will tell if those lows are already established or if the volatile cryptocurrency assets have further downside.