CEO of Bitwise Asset Management Hunter Horsley delivered a reassuring message to the crypto community amid the drop $BTC below $94,000. "A bear market is not the end, but an opportunity for accumulation," he stated during the online conference Crypto Summit 2025 on November 17.
According to Horsley, the current correction mirrors the cycles of 2018 and 2022, when BTC lost up to 70% before a new ATH. "Institutional investors like BlackRock and Fidelity continue to pour billions into ETFs. The outflow is temporary, driven by fear of the Fed," the CEO explained. Bitwise predicts a return to $150,000 by Q3 2026 due to the halving and regulatory clarity in the USA.
Horsley urged retail traders to focus on long-term metrics: BTC network hash rate increased by 15% YTD, and the number of active wallets exceeded 50 million. "Panic is the enemy of profit. Buy the dip," he summarized. Bitwise analysts recommend DCA strategies and diversification into DeFi protocols with high APY.
The market reacted cautiously: BTC stabilized at $93,800 (+0.8% in the hour). CoinBureau experts support an optimistic forecast, citing historical data.
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