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<a href="https://xpertsstudio.com/bitcoin-rally-expected-to-fade-kalshi-traders-say/” title=”Bitcoin Rally Expected to Fade, Kalshi Traders Say”>BitcoinCrypto BitsBitcoin Bear MarketBitcoin Bull Run
Aug 22, 2026
< 1min read
byJordan Lyanchev
forCryptoPotato
In a 48-72 hour swing Bitcoin rallied about 25% from under $65,000 to nearly $80,000 on Friday, its highest level since May. The rapid crypto price surge underscores market volatility and shifts sentiment, prompting debate whether this rally signals renewed adoption and a sustained bull phase or will face another rejection.
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The cryptocurrency markets have the tendency to change the overall sentiment and narrative in very short periods of time. Although some might have forgotten about this quality due to the prolonged sluggishness over the past several months, what transpired in just 48-72 hours reminded us of the market’s real nature.
Bitcoin’s price stood still below $65,000 for weeks before it initiated its most impressive rally of the year, surging by 25% in days to almost $80,000 on Friday. This became its highest price tag since the May run. The question now is whether this marks the end of the bear market and the commencement of the bull phase, or whether there will be another rejection.
Source: cryptorank.io