One Day People Will Say “I Wish I Bought More Bitcoin at $60K”: Top Analyst

Crypto strategist Michaël van de Poppe believes the current market phase could ultimately be remembered as a prime buying opportunity for Bitcoin, one that investors may later regret overlooking.

Bitcoin is currently trading at $65,764, according to CoinGecko data. That places the asset 48% below its all-time high of $126,080, reached in October 2025. In the near term, momentum has remained weak, with the cryptocurrency down 4.2% over the past week and 26.4% over the past month.

Against this backdrop of sustained losses, van de Poppe argues that sentiment, not just price action, deserves close attention.

Key Points

• Bitcoin is trading at $65,764, nearly 48% below its October 2025 all-time high of $126,080, amid continued market weakness.
• Extreme fear dominates sentiment: Google searches for “Bitcoin is dead” and “Bitcoin going to zero” are at their highest since 2010.
• The Bitcoin and Crypto Fear and Greed Index fell to 5/100, indicating historic pessimism and a potential long-term buying zone.
• Analyst van de Poppe suggests that today’s market conditions may later appear as a prime buying opportunity for investors.

Extreme Fear as a Contrarian Signal

In a post on X, the founder of MN Fund and MN Capital suggested that market participants could look back on this phase with regret. He implied that today’s prices may appear attractive in hindsight.

To reinforce his position, van de Poppe pointed to Google search trend data. The phrases “Bitcoin is dead” and “Bitcoin going to zero” have reached their highest global levels since January 2010, based on the screenshot he shared.

He suggested that spikes in such pessimistic searches often coincide with market bottoms. According to his view, extreme fear tends to create favorable conditions for long-term buyers.

Supporting this sentiment, Marco Bühler, the Bitcoin investor, referenced the Bitcoin and Crypto Fear and Greed Index. It recently fell to 5 out of 100, a reading described as a historic low. While acknowledging that conditions could deteriorate further, he characterized the reading as a strong buying zone.

Bearish Warnings Add Counterweight

Even so, not all analysts agree with this constructive outlook. Prominent Bitcoin critic Peter Schiff has reiterated concerns about further downside risk.

As previously reported by The Crypto Basic, Schiff cautioned that if Bitcoin falls decisively below $50,000, it could trigger intensified selling. He added that continued downward pressure might drive the cryptocurrency down to around $20,000, marking an 84% drop from its October 2025 peak above $126,000.

When asked about the technical basis for this projection, Schiff did not reference specific chart indicators. Instead, he pointed to Bitcoin’s historical pattern of steep rallies followed by sharp corrections, arguing that this recurring cycle reflects persistent structural volatility.

Market at a Crossroads

Taken together, the current landscape presents sharply contrasting interpretations. On one side, van de Poppe views extreme fear as a potential signal of opportunity. On the other hand, critics warn that deeper losses remain possible.

For now, investors are navigating a market defined by falling prices, heightened pessimism, and divided expert opinion. Whether this period proves to be a missed opportunity or the beginning of a more prolonged downturn remains uncertain.