A recent drop below $100,000 for Bitcoin has sparked renewed market nervousness. While some see this as a signal of a potentially lasting bear trend, several influential voices in the crypto space believe it’s just a temporary correction, paving the way for a potential rebound. Matt Hougan, Chief Investment Officer at Bitwise, believes retail investor capitulation is driving this drop, suggesting a period of purging may be followed by a resurgence from institutional players. On the other hand, Arthur Hayes, former BitMEX CEO, offers a macroeconomic perspective. He highlights that the upcoming bull run could be fueled by ‘stealth QE’, a form of monetary easing via the Fed’s Standing Repo Facility. Both perspectives offer contrasting yet complementary insights into Bitcoin’s future trajectory. Hougan emphasizes market psychology while Hayes focuses on underlying economic factors. Whether it is retail exhaustion or implicit monetary support, the price of bitcoin could still surprise.