Canadian mining giant Frank Giustra (Frank Giustra) believes that Bitcoin currently priced at $88,000 may further decline, presenting a better buying opportunity. He predicts that corporate Bitcoin reserves could be liquidated by 2026, which might further push down the price. Major risks include the potential removal from the MSCI index (estimated to have a 75% chance by Q1 2026) and the pressure from corporate net asset value (mNAV) compression. However, Grayscale believes that corporate reserves are unlikely to cause a large-scale sell-off and points out that MicroStrategy owns reserve funds. Analyst Cryp Nuevo suggests that Bitcoin’s potential bottom for a correction could be around $74,000, aligning with historical mining cost support levels.
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Analysts say that due to concerns over government bond sell-offs, "Bitcoin prices will decline" — why?
Canadian mining giant Frank Giustra (Frank Giustra) believes that Bitcoin currently priced at $88,000 may further decline, presenting a better buying opportunity. He predicts that corporate Bitcoin reserves could be liquidated by 2026, which might further push down the price. Major risks include the potential removal from the MSCI index (estimated to have a 75% chance by Q1 2026) and the pressure from corporate net asset value (mNAV) compression. However, Grayscale believes that corporate reserves are unlikely to cause a large-scale sell-off and points out that MicroStrategy owns reserve funds. Analyst Cryp Nuevo suggests that Bitcoin’s potential bottom for a correction could be around $74,000, aligning with historical mining cost support levels.