Bitcoin Price Dive Foreseen: Sigma Capital CEO Sees 65-70% Drop Before $1 Million Target

Sigma Capital CEO Vineet Budki has issued a stark warning about Bitcoin’s price trajectory, predicting a substantial downturn of 65%-70% within the next two years. While this short-term outlook is grim, Budki remains optimistic about Bitcoin’s long-term potential, envisioning it hitting $1 million in value within the coming decade. He attributes the volatility to crypto’s inherent growth cycle, even as adoption continues and global regulations improve. His message emphasizes navigating market fluctuations while maintaining a focus on Bitcoin’s potential for substantial growth over time.