Will Bitcoin Price Rise Again? Here's What Industry Experts Are Saying

Source: CoinEdition Original Title: Will Bitcoin Price Rise Again? Here’s What Industry Experts Are Saying Original Link: Whales are aggressively accumulating Bitcoin as retail fear hits extreme lows. Citi expects easing liquidity pressures to boost BTC’s macro outlook. Mike McGlone warned Bitcoin could revisit $10,000, similar to his 2018 call.

The crypto market is wrestling with one of its most dramatic sentiment resets since 2022. Bitcoin has slipped below $90,000, retail fear has surged to historic highs, and institutional flows have weakened. But behind the panic, analysts and major investors say the setup for the next leg higher is quietly forming.

Whale Buying Surges Under $100K

Altcoin Daily founder Austin Arnold highlights Bloomberg analyst Mike McGlone, who warned Bitcoin could revisit $10,000, similar to his 2018 call. But Arnold says the more compelling signal is what whales are doing, not what retail sentiment suggests.

To him, the current conditions echo previous “generational buy zones” as he pointed to a divergence between retail fear and whale accumulation.

Specifically, blockchain data shows wallets holding over 1,000 BTC surged 2.2% to 1,384, the highest level in four months. Whale buying “exploded” the moment Bitcoin dipped below $100,000, he said, arguing that large holders are stepping in while smaller investors are selling into fear.

Arnold notes that whales sold heavily above $120,000 but have now flipped to aggressive accumulation. As a result, he maintains that this downturn is a “generational buy-the-dip opportunity.”

Ending Liquidity Crunch

One of the most important macro signals comes from Citi, which attributes Bitcoin’s weakness to a temporary liquidity squeeze triggered by the U.S. government shutdown. Citi outlines three key pressures:

1. A 14% flash crash in early October that rattled retail confidence.
2. Institutions or ETFs pulling back after BTC broke several key trendlines.
3. A $500+ billion decline in liquidity due to a surge in the Treasury General Account (TGA).

But Citi expects all three pressures to unwind. With the government reopened and T-bill issuance normalizing, the TGA will flatten or decline, restoring liquidity through higher bank reserves.

Because Bitcoin is highly sensitive to U.S. liquidity cycles, an increase in reserves would be strongly supportive.

Sentiment Hits Extreme Fear

The crypto market’s panic reached 2022 bear-market levels. In particular, this week, the Crypto Fear & Greed Index has collapsed to 10 before briefly improving to 25. This marked extreme fear despite Bitcoin trading above $90,000, an unusual disconnect between price and sentiment.

Despite the gloom, several models still predict a parabolic peak. CryptoCon’s Diminishing Golden Curves model targets $160K–$170K within six weeks.

Bitcoin Is Becoming More Stable, Not Riskier

Meanwhile, Strategy chairman Michael Saylor says the recent sell-off doesn’t change Bitcoin’s long-term trajectory. Speaking with Fox Business, he argued that Bitcoin’s annualized volatility has fallen from 80% in 2020 to roughly 50% today.

He expects volatility to decline steadily as global liquidity deepens. Saylor stated that MicroStrategy is built to withstand even an 80–90% crash, calling the firm “indestructible.”

Notably, the company holds over 640,000 BTC worth around $59 billion. It continues to accumulate even during the ongoing dip.

Sub-$90K Is the “Final Chance” to Buy

With Bitcoin’s recent dip below $90,000 for the first time since April, Gemini co-founder Cameron Winklevoss argues this is likely the last time investors will ever see BTC at that level.

Both Cameron and Tyler Winklevoss maintain that Bitcoin remains early in its adoption curve. They believe BTC could eventually reach $1 million, framing the downturn as a rare buying window.

Ultra-Bullish Short-Term Predictions

YoungHoon Kim predicts BTC will hit $220,000 in 45 days, without providing an analysis. While his timeline is extreme, the target itself aligns with other optimistic projections from analysts like Tom Lee and Egrag Crypto, who envision a path to the $200K–$250K range over the next year.

So, Will the Market Rise Again?

The short-term outlook remains uncertain as ETF outflows continue. But beneath the volatility, the structural signals are turning more bullish with whales buying aggressively, and cycle-based models point to higher prices.

If the macro environment eases as Citi expects, and whale demand continues at current levels, the next major leg higher may already be forming. Ultimately, the coming weeks will determine whether this downturn marks another mid-cycle dip or the start of Bitcoin’s next parabolic advance. At press time, Bitcoin is trading at $91,500, up 0.5% today.