{"id":94066,"date":"2026-02-08T14:14:43","date_gmt":"2026-02-08T11:14:43","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94066"},"modified":"2026-02-08T14:15:18","modified_gmt":"2026-02-08T11:15:18","slug":"bitwise-ceo-sees-bitcoin-correction-as-an-opportunity-for-investors","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitwise-ceo-sees-bitcoin-correction-as-an-opportunity-for-investors\/","title":{"rendered":"Bitwise CEO Sees Bitcoin Correction as an &#8216;Opportunity&#8217; for Investors"},"content":{"rendered":"<p>The decline of Bitcoin <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-tests-60000-support-triggering-billion%e2%80%91dollar-liquidations\">below $70,000<\/a> is perceived differently by long-time holders and new investors. The former feel uncertain, while the latter see an &#8216;opportunity,&#8217; stated Bitwise CEO Hunter Horsley in an interview with <a href=\"https:\/\/www.cnbc.com\/video\/2026\/02\/05\/crypto-is-getting-swept-up-with-rest-of-the-macro-bitwise-ceo-horsley.html\">CNBC<\/a>.\u00a0<\/p>\n<p>According to the executive, institutional players in the current situation &#8216;see prices they thought they had missed forever.&#8217;<\/p>\n<p>Horsley acknowledged that the recent crypto market downturn occurred at an unusual time, given the efforts to ensure regulatory clarity and the growing interest from major participants.\u00a0<\/p>\n<p>Bitcoin is currently in a bear market and is &#8216;influenced&#8217; by other macro assets, as investors &#8216;sell everything that has liquidity,&#8217; noted the CEO.<\/p>\n<p>Nevertheless, demand for the leading cryptocurrency remains high. According to Horsley, during the drop below $77,000, Bitwise clients directed a net $100 million into crypto instruments.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8216;Volumes are very large, there are sellers and buyers,&#8217; he added.<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">A Different Perspective<\/h2>\n<p>Analysts at CryptoQuant pointed out that digital gold is trading about 50% below its historical high.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin is still down 50% from its all-time high.<\/p>\n<p>Yes, deeper drawdowns (-70% to -80%) are possible compared to previous bear markets, but the bigger risk now is time capitulation, not price.<\/p>\n<p>It\u2019s not just how low it goes, but how long it stays there. <a href=\"https:\/\/t.co\/u7Mvy8E9Tb\">pic.twitter.com\/u7Mvy8E9Tb<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/2019683381370581060?ref_src=twsrc%5Etfw\">February 6, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts suggested a deeper decline (70-80% from the price record) is possible. However, the main risk in the current situation is the duration of capitulation, not the asset&#8217;s price, the company clarified.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8216;It&#8217;s important not only how low Bitcoin will fall but also how long it will stay at these levels,&#8217; emphasized CryptoQuant.<\/p>\n<\/blockquote>\n<p>MN Trading founder Micha\u00ebl van de Poppe stated that the current ratio of the asset&#8217;s supply in profit and loss also signals the end of the bear market.<\/p>\n<p>According to his analysis, the indicator has reached levels observed before the end of prolonged corrections in 2018 and 2022.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8216;I don&#8217;t think we will see further decline. A slight consolidation is quite likely, but the market will find the bottom at higher levels. Smart people are buying now. Fools are leaving,&#8217; concluded van de Poppe.\u00a0<\/p>\n<\/blockquote>\n<p>Earlier, Bullish CEO Tom Farley <a href=\"https:\/\/forklog.com\/en\/news\/bullish-ceo-predicts-surge-in-crypto-industry-acquisitions\">suggested<\/a> an increase in mergers and acquisitions in the crypto industry.\u00a0<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/kaiko-analysts-elucidate-causes-of-cryptocurrency-market-plunge\">https:\/\/forklog.com\/news\/analitiki-kaiko-obyasnili-prichiny-obvala-kriptorynka<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decline of Bitcoin below $70,000 is perceived differently by long-time holders and new investors. The former feel uncertain, while the latter see a &#8216;second chance,&#8217; stated Bitwise CEO Hunter Horsley.<\/p>\n","protected":false},"author":1,"featured_media":94067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin's drop below $70,000 seen as an opportunity by new investors, says Bitwise CEO.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1145,1138],"class_list":["post-94066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-market-analysis","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"99","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin's drop below $70,000 seen as an opportunity by new investors, says Bitwise CEO.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94066"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94066\/revisions"}],"predecessor-version":[{"id":94068,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94066\/revisions\/94068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94067"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}