Just caught an interesting take from one of the more respected voices in crypto - he's saying Bitcoin will likely drop further before we see any real bottom. Pretty significant call given all the optimism floating around right now.

The argument here is basically that we're not done with the downside yet. If he's right about this, then anyone waiting to see if Bitcoin will drop more might actually have a point. The market's been choppy, and there's still a lot of uncertainty baked into prices.

But here's where it gets more controversial - he's also saying that a new all-time high by 2026 is pretty much off the table at this point. That's a pretty bold statement considering how many people were banking on that happening. I mean, we're already halfway through the year and Bitcoin hasn't exactly been on a tear.

The thing that stands out to me is the conviction behind this. This isn't some random trader on Twitter - it's someone who's been in this space long enough to have earned the 'Crypto Godfather' reputation. When someone like that says Bitcoin will drop and we shouldn't expect ATH this year, it's worth paying attention to, even if you don't fully agree.

Obviously everyone's got their own thesis on where prices are headed. But if you're wondering whether Bitcoin will drop further, this perspective suggests we might not be out of the woods yet. Could be worth thinking about if you're still holding or considering positions. Either way, it's the kind of macro view that shapes how we're thinking about the rest of 2026.