Markets· ★★· neutral·

MN Fund CIO: Bitcoin could hit $1M this cycle, then crash 80%

  • —Van de Poppe compared bitcoin to the dot-com bubble and sees a path to $1M
  • —Rand Group's five-low chart implies a cycle bottom near $197,000 by 2030
  • —US spot bitcoin ETFs saw $228.4M in net outflows in the week of Oct 12-16
  • —BTC trades near $82,916, about 34% below its October 2025 peak
Why it matters: The forecast implies extreme volatility, with a multi-fold rally followed by an 80% crash, a key risk consideration for cycle-top positioning.
Source: Blockmedia