Crypto Funds See Bitcoin Bottoming in Q3-Q4, Not Above $100K by Year-End

BTC4.91%
According to The Block, on June 15, multiple cryptocurrency funds surveyed believe Bitcoin has not yet bottomed, with most predicting the true floor could come in late Q3 or early Q4. Finality Capital expects a bottom at $45,000-$55,000, after which recovery toward $65,000-$75,000 is anticipated. Notably, none of the few funds providing year-end predictions see Bitcoin breaking above $100,000. While some long-term investors view current declines as buying opportunities, most funds are holding higher cash levels and reducing directional exposure to wait for better entry points.
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