Have you noticed how everyone waits for “one last dip” on $BTC, but the market keeps making that dip more expensive?
A lot of traders lose money not because they’re bearish, but because they anchor to old prices. They wait for $40K, then $50K, then panic-buy at $70K when the clean entry is already gone.
The hot take: Bitcoin below $60K may not be the base case anymore. Nansen founder Alex Svanevik argues that the current $65K+ area could become the real floor for this cycle, not just another temporary support zone.
That view makes sense when you look at the bigger case study. Global money supply keeps expanding, $BTC supply is still capped, and institutional access keeps getting easier. In other words, the demand side is getting deeper while the supply side refuses to inflate.
This doesn’t mean $BTC only goes up in a straight line, and it doesn’t mean $ETH or $BNB won’t have sharper opportunities. But if the market is repricing Bitcoin as a long-term monetary asset, waiting for sub-$60K might be a strategy built for the last cycle.
Do you think $60K is gone for good, or is the market getting too comfortable here?
#Bitcoin #CryptoMarkets #BTC
A lot of traders lose money not because they’re bearish, but because they anchor to old prices. They wait for $40K, then $50K, then panic-buy at $70K when the clean entry is already gone.
The hot take: Bitcoin below $60K may not be the base case anymore. Nansen founder Alex Svanevik argues that the current $65K+ area could become the real floor for this cycle, not just another temporary support zone.
That view makes sense when you look at the bigger case study. Global money supply keeps expanding, $BTC supply is still capped, and institutional access keeps getting easier. In other words, the demand side is getting deeper while the supply side refuses to inflate.
This doesn’t mean $BTC only goes up in a straight line, and it doesn’t mean $ETH or $BNB won’t have sharper opportunities. But if the market is repricing Bitcoin as a long-term monetary asset, waiting for sub-$60K might be a strategy built for the last cycle.
Do you think $60K is gone for good, or is the market getting too comfortable here?
#Bitcoin #CryptoMarkets #BTC