Viewpoint: The market still needs at least 40 days to find its bottom, optimistic about the market trend in December and Q1 next year

BlockBeats News, October 16th, Arete Capital partner McKenna stated that the market is currently in the process of forming a bottom and needs 40-60 days to establish it. All price action within this interval is considered oscillation and fund washing.

“By mid-November, we should begin to expect constructive outcomes and welcome a positive December and the first quarter of 2026.”

Source

Correction/Report

RelatedRecommended

Cycle Capital: optimistic but neutral about the market in the rest of the year

Week 13 On-chain Data: Whale HODLing vs Market Panic, Who Will Lead Crypto's Next Stage?

On-chain data for the 32nd week: The bottom may have appeared, waiting for the Fed's monetary easing cycle to come

The market's rebound this week may be limited and it may be more likely to fluctuate within a range.

The Crypto World's Ultimate Bull vs Bear Dialogue: Has the Four-Year Crypto Cycle Lost Its Validity?

In an era of constant change in cycles and structures, only by understanding macro drivers and industry evolution can we find the right direction forward amidst the volatility.

Bitcoin Price Prediction: Institutions and Traders Clash on Next Year's Trend

Non-stop Plunge: Bitcoin Once Again Dips Below $10,000

On-Chain Activity