Goldman Sachs believes bitcoin and crypto prices may have hit their floor after months of declines, highlighting select stocks with upside potential. <\/p>\n
In a note on Thursday, analyst James Yaro said crypto-related equities are down 46% since October 2025 but are showing \u201cvolatile but flattish performance\u201d in recent weeks, making valuations increasingly attractive, thanks to CNBC reporting<\/a>.<\/p>\n Top picks include Robinhood, Figure Technologies, and Coinbase, all rated \u201cbuy.\u201d Figure, which runs a blockchain-based HELOC business, saw its price target raised to $42 from $39, implying 35% upside from current levels.\u00a0<\/p>\n Robinhood is expanding offerings to advanced traders and financial services, while Coinbase is focusing on crypto derivatives, subscriptions, and new products like equities trading and banking.<\/p>\n Goldman cautioned that trading volumes could dip further, potentially reducing 2026 revenue by 2% and profits by 4%, but expects volumes to rebound within a median three-month trough period.<\/p>\n Other analysts also appear bullish on BTC.\u00a0<\/p>\n Bitcoin appears to be stabilizing after recent volatility, with signs suggesting the market may have reached a potential bottom. Following a sharp selloff that pushed BTC from around $75,000 to $67,000, the cryptocurrency has rebounded, supported by easing selling pressure from ETFs, long-term holders, and constructive geopolitical developments, including U.S.\u2013Iran talks.\u00a0<\/p>\n Over the past month, bitcoin has traded sideways between $60,000 and $75,000, a pattern often linked to market bottoms. K33 Research highlights<\/a> that reduced distribution from ETFs and rising supply held for more than six months reflect structural market stability.\u00a0<\/p>\n Head of Research Vetle Lunde noted that with bitcoin below $100,000, fewer investors are inclined to exit positions, anchoring prices.<\/p>\n ETF flows have turned mildly positive since late February, signaling an end to the heavy post-October distribution phase.\u00a0<\/p>\n Despite macro uncertainty\u2014including rising oil prices, geopolitical tensions, and a hawkish Federal Reserve\u2014bitcoin\u2019s range-bound price action, low open interest in perpetual swaps, and negative funding rates suggest a constructive environment for medium- and long-term investors.\u00a0<\/p>\nBitcoins Bitcoin has bottomed<\/h2>\n
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