Bitcoin (BTC) experiences significant selling pressure because the price dropped from approximately $90,000 to between $70,000 and $80,000 during the market downturnBitcoin (BTC) experiences significant selling pressure because the price dropped from approximately $90,000 to between $70,000 and $80,000 during the market downturn

Bitcoin (BTC) 2026 Crash: Massive Reasons Long-Term Bulls Stay

2026/02/06 05:00
3 min read

Bitcoin (BTC) experiences significant selling pressure because the price dropped from approximately $90,000 to between $70,000 and $80,000 during the market downturn. Fear has returned. Doubt is spreading. Yet some of the most respected voices in technology and crypto remain calm.

Tim Draper, a legendary tech investor and early BTC supporter, has stepped forward to defend the long-term case for BTC. Draper argues that BTC represents a rare and “palpable” opportunity.

He urges investors to concentrate on their investment plans because they need to wait for their investments to develop instead of monitoring temporary price fluctuations.

Tim Draper

For years, Draper has predicted Bitcoin could reach $250,000. His belief has remained constant despite the fact that his predicted timeframe for that event has not yet occurred.

He believes BTC offers stronger security and greater independence than traditional banks and government-controlled financial systems. In his opinion, BTC acts as a wealth safeguard against inflation and fiscal mismanagement and financial market disruptions.

Draper’s core message is simple, BTC rewards those who stay in it for the long haul.

Also Read: Bitcoin’s Rebound Masks Bearish Signals: Is Deeper Correction Ahead in 2026?

Bitcoin Valuation Debate: Samson Mow’s Bullish Market Outlook

According to Samson Mow who serves as CEO at JAN3 while also being a prominent BTC maximalist, BTC’s current price does not show its actual potential.

The market narrative that extends the current bear market duration should receive his explanation because Mow believes the existing market narrative is incorrect. He points out that BTC reached its peak value of $126198 last year which should not occur during actual bear market conditions.

https://twitter.com/Excellion/status/2019162647581675824?s=20

Mow demonstrates how BTC has failed to keep pace with high-value assets like gold and the S&P 500 and worldwide monetary supply expansion.

BTC has experienced a severe decline since early 2025 which shows a 58% drop against gold. Gold reached a peak value of $5,000 per ounce this year which it later lost almost 30%.

Bitcoin vs Fiat: Why Volatility Masks Long-Term Value

The erratic movements which Mow observes demonstrate that there exist larger macroeconomic forces which drive market behaviour. He believes the world may be entering the late stages of fiat currency dominance which brings down traditional valuation methods. The market environment predicts that price distortions will emerge.

Samson Mow

Mow believes that BTC should operate at a value of $110,000 because he sees this price as appropriate under standard market behaviour. He believes that gold should have a much higher value because of his long-term power-law projection analysis of its market value.

Draper and Mow believe that Bitcoin will protect investors from systemic financial risks because they see the cryptocurrency as a stable investment. Their forecast shows that they believe BTC will function as a limited and decentralized asset which maintains its value through time.

Bitcoin has price fluctuations that make it unpredictable. The narrative of Bitcoin remains unfinished for those who believe in its future potential.

Also Read: Binance Adds 1,315 Bitcoin to SAFU Fund in a $100M Move

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