Bitcoin may have already seen its lowest price for this cycle, according to Nansen CEO Alex Svanevik, who told Cointelegraph that he personally does not expect BTC to fall below $60,000 again. His view is based on Bitcoin’s growing role as a hedge against expanded central bank money issuance, a trend he believes is unlikely to reverse anytime soon.
Why Svanevik sees $60K as the new floor
Svanevik’s confidence stems from the broader macroeconomic environment. With global central banks continuing to expand their balance sheets, he argues that Bitcoin’s appeal as a store of value strengthens, providing long-term price support. “Prices under $60,000 are now in the past,” he said, suggesting that current levels could mark the bottom of this cycle. His perspective aligns with the growing institutional narrative that Bitcoin is a hedge against currency debasement, a view that has gained traction as governments increase spending and money supply.
Diverging forecasts: The case for a drop to $40K
Not everyone shares Svanevik’s optimism. Veteran crypto investor Michael Terpin has warned that Bitcoin could fall into the $40,000 range, which would represent a decline of about 66% from its all-time high of $126,100 reached in October 2025. Terpin’s outlook reflects concerns about potential market corrections, regulatory headwinds, and profit-taking by large holders. The divergence between these two forecasts highlights the uncertainty that remains in the crypto market, even after Bitcoin’s significant rally over the past year.
What this means for investors
For everyday investors, these conflicting predictions underscore the importance of risk management. While Svanevik’s view may offer reassurance, Terpin’s warning serves as a reminder that crypto markets are inherently volatile. Understanding the underlying factors—such as central bank policies, adoption trends, and market sentiment—can help investors make more informed decisions rather than relying on any single forecast.
Conclusion
Bitcoin’s future price trajectory remains a topic of intense debate among industry leaders. While Nansen’s CEO believes $60,000 is a permanent floor, others see room for further downside. As always, investors should approach such predictions with caution, considering the broader economic context and their own risk tolerance.
FAQs
Q1: Why does Nansen’s CEO believe Bitcoin won’t fall below $60,000?
Alex Svanevik cites Bitcoin’s increasing role as a hedge against central bank money printing, which he expects to continue providing long-term price support.
Q2: What is the bearish case for Bitcoin’s price?
Veteran investor Michael Terpin predicts Bitcoin could drop to the $40,000 range, citing potential market corrections and regulatory challenges.
Q3: What was Bitcoin’s all-time high?
Bitcoin reached an all-time high of $126,100 in October 2025, according to the information provided.
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