📌 MAROKO133 Hot crypto: Investors Focus on BTC as “Digital Gold,” Not Payments: Bl
Bitcoin may inspire bold visions of a global payments network, but that’s not what is driving the bulk of institutional money into the asset today, according to Robbie Mitchnick, BlackRock’s head of digital assets.
Key Takeaways:
- Institutional investors are treating Bitcoin primarily as a store of value, not a future payments network.
- Mitchnick says Bitcoin’s payments role remains speculative and would require major scaling progress to become practical.
- Stablecoins are rapidly gaining ground in payments, prompting analysts like Cathie Wood to trim long-term Bitcoin forecasts.
Speaking in a podcast interview released Friday, Mitchnick said large asset managers’ clients remain far more interested in Bitcoin as a store of value than as a future payments rail.
“For us, and most of our clients today, they’re not really underwriting to that global payment network case,” he said, adding that the payments thesis is viewed as “out-of-the-money option value” rather than a core investment rationale.
BlackRock Exec: Bitcoin Payments Use Case Still “Highly Speculative”
Mitchnick didn’t dismiss the possibility of Bitcoin eventually gaining traction in payments but said that narrative is still “a little bit more speculative.”
He noted that significant progress would be needed across Bitcoin’s scaling stack before such a shift could occur. “A lot needs to happen in terms of Bitcoin scaling, Lightning, and otherwise to make that possible,” he said.
His comments follow an August 2024 report from Galaxy Research, which argued that most Bitcoin layer-2 networks, especially rollups, may struggle to remain viable over time despite being promoted as a solution for cheaper, faster transactions.
While Bitcoin’s payment future remains uncertain, Mitchnick highlighted that digital assets are already transforming money movement through stablecoins.
“Stablecoins have been hugely successful in the payments sector,” he said. “They have massive product market fit as a way of moving value around efficiently.”
According to him, stablecoins are poised to expand their reach well beyond crypto trading and DeFi into retail remittances, corporate cross-border flows and even capital market settlement.
Mitchnick added that Bitcoin might find a foothold in retail remittance use cases, but he still considers that outcome speculative for now.
His views echo a growing industry conversation about stablecoins outpacing Bitcoin in the payments race.
ARK Invest CEO Cathie Wood recently said that the rapid growth of stablecoins is the main reason she reduced her 2030 Bitcoin price forecast.
Wood, who once projected BTC could hit $1.5 million by the end of the decade, said that stablecoins have taken over some of the roles she previously expected Bitcoin to dominate.
She now sees that long-term forecast dropping by roughly $300,000.
Bitcoin Approaches ‘Fire Sale’ Zone
As reported, Bitwise researcher André Dragosch has warned that Bitcoin may still have room to drop before hitting its true cycle bottom, pointing to a “max-pain” zone between $73,000 and $84,000.
He argued that this range represents “fire sale” levels tied to the cost bases of major players such as BlackRock’s IBIT ETF at $84K and MicroStrategy’s latest purchases near $73K.
According to Dragosch, Bitcoin’s final bottom is “very likely” to form somewhere within this band.
His comments landed as traders continue debating whether the market has already seen capitulation following Bitcoin’s slide from its October peak near $125,000.
Some argue that institutional investors will not allow a deeper crash that could harm their own clients, while others say the market has not yet fully flushed out leverage. The discussion reflects mounting tension as Bitcoin trades in what many view as a fragile range.
The post Investors Focus on BTC as “Digital Gold,” Not Payments: BlackRock Exec appeared first on Cryptonews.
🔗 Sumber: cryptonews.com
📌 MAROKO133 Update crypto: Bitcoin Price Prediction: Smart Money Buying Spot? What
Bitcoin is attempting to steady after weeks of heavy selling pushed the price into the high-conviction $83,000–$84,000 demand zone, a region that has repeatedly attracted institutional accumulation throughout the year.
BTC trades near $86,036, up 2.84% in the last 24 hours, as traders assess whether long-term holders are quietly buying spot while short-term panic fades.
With a market cap above $1.71 trillion, the question heading into Q1 is straightforward: Is smart money positioning for the next leg higher?
Institutional Demand Meets Deep Oversold Conditions
As discussed in our previous Bitcoin prediction, Bitcoin’s latest decline has now fully retraced the D-to-C leg of its previous harmonic structure, landing precisely inside the same accumulation block that launched major rallies in March and June.
Daily candles show long lower wicks and compressed bodies, clear indications that sell pressure is slowing near structural support.
The technical backdrop is reinforced by momentum data. The RSI at 26 marks one of BTC’s deepest oversold readings of 2025, and the indicator is beginning to flatten.
Historically, Bitcoin has staged strong multi-week rebounds whenever RSI fell below 30 while price held a high-volume support region.
Several elements now converge:
- A long-term rising trendline from October 2023 intersects the current zone
- Candlestick exhaustion appears at the base of the pattern
- The 20-day EMA near $94,000 acts as the key momentum trigger
- A break above $95,000–$97,000 would confirm sentiment reversal
Bitcoin (BTC/USD) Key Levels to Watch Into Early Q1
If buyers remain active at $83,000–$84,000, the first recovery target sits near $88,500, followed by a retest of the breakdown region at $95,000–$97,000. This zone will determine whether Bitcoin transitions from relief bounce to full trend recovery.
A daily close above the 20-day EMA would mark the most reliable signal that market structure has turned constructive again.
Failure to defend $80,500, however, would expose deeper support at $74,500. That level remains the final line in the sand for maintaining Bitcoin’s broader uptrend heading into Q1.
Bitcoin (BTC/USD) Trade Setup: Where Smart Money Steps In
Bitcoin price prediction remains bearish, however, BTC is exhibiting the cleanest approach is to wait for confirmation rather than guess the bottom. A bullish reversal candle, hammer, engulfing, or long-wick doji, inside the demand zone, strengthens the case for upside.
A confirmation close above $86,500 opens targets at $88,500, then $97,000 and $111,000, with momentum likely accelerating if institutional flows rebuild.
If accumulation continues and macro sentiment stabilizes, BTC could re-approach $124,000 into early 2026, setting up a favorable landscape for new presale trends and broader risk appetite.
Bitcoin Hyper: The Next Evolution of BTC on Solana?
Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.
Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $28.3 million, with tokens priced at just $0.013315 before the next increase.
As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.
Click Here to Participate in the Presale
The post Bitcoin Price Prediction: Smart Money Buying Spot? What the $80,500 Support Level Signals for Q1 appeared first on Cryptonews.
🔗 Sumber: cryptonews.com
🤖 Catatan MAROKO133
Artikel ini adalah rangkuman otomatis dari beberapa sumber terpercaya. Kami pilih topik yang sedang tren agar kamu selalu update tanpa ketinggalan.
✅ Update berikutnya dalam 30 menit — tema random menanti!
