Bitcoin Price Outlook: Ammous Warns of Potential 80% Drawdown, Urges Corporate Preparedness

Economist and Bitcoin author Saifedean Ammous warns on the Coin Stories podcast that Bitcoin’s current bull market may be nearing its peak. His analysis suggests a potential decline of up to 80%, citing historical volatility as a factor. This warning comes amid increased corporate adoption of Bitcoin, exemplified by recent purchases from Blockchain Group and Metaplanet, both holding substantial BTC positions. 8,888 BTC for Metaplanet after purchasing 1,088 BTC at an average price of $108,400. 2025 sees the price target of many analysts remain around $200,000.