Zacks Investment Ideas feature highlights: Coinbase and IBIT

For Immediate Release

Chicago, IL – August 25, 2026 – Today, Zacks Investment Ideas features Coinbase COIN and iShares Bitcoin ETF IBIT.

Bitcoin: Digital Gold in the Deficit Era

Over the past several months, Bitcoin has declined significantly amid macro pressures, quantum hacking fears, and speculative investors have shifting capital toward artificial intelligence stocks. After a strong rally through most of 2025, Bitcoin peaked at $126k before correcting more than 50% to a June low of $59k.

Although a 50% correction would be considered catastrophic for equity markets, it is quite the norm for Bitcoin. In fact, over the past decade, Bitcoin has dropped more than 50% from its all-time highs on five occasions, including the 2017-2018 bear market, the March 2020 COVID crash, the May-July 2021 correction, and the 2021-2022 FTX bear market.

Despite many deep Bitcoin drawdowns, Bitcoin has recovered to make fresh all-time highs after every drawdown in its history. Below are 5 reasons this time won't be different:

Bitcoin Technicals:

Bitcoin has several bullish technical signals occurring currently. First, Bitcoin retreated to its long-term 200-week moving average for the first time since 2023. The 200-week MA has largely contained the Bitcoin bull market since its inception and has been one of the best long-term buy zones.