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Atlas CEO Predicts Bitcoin Falls 70% to $26K-$30K Within Six Months, Then Rallies to $500K

Price Prediction

2026-06-05 00:25:49

BTC0.63%

According to CoinDesk, Atlas Capital CEO Reza Bundy predicted that Bitcoin could plunge 70% to between $26,000 and $30,000 within six months, then rebound to $150,000-$500,000 over several years. Bundy, backed by economist Nouriel Roubini, based the forecast on shared analysis. Roubini, who correctly predicted the 2008 financial crisis, has long been bearish on Bitcoin. Bundy argues Bitcoin has failed as an inflation hedge and now functions as a highly volatile risk asset correlated with tech stocks.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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