Bitcoin Below $100K? Veteran Trader Sees It as a Buying Opportunity

A crypto analyst recognized for calling the peak of the 2021 bull run is preparing to load up on Bitcoin if it slips beneath the $100,000 threshold, signaling confidence in the digital asset’s long-term trajectory.

The trader, known by the alias Pentoshi, stated that he recently began building a new Bitcoin position, picking up 25 BTC with plans to expand significantly if prices hit what he considers a major support zone near $94,000.

Although the market failed to breach his target of $120,000 in its most recent rally, Pentoshi said he remains undeterred. “That zone around $94K is where I’d like to get aggressive,” he noted, describing the area as a key accumulation range regardless of short-term price action.

He acknowledged that macro uncertainty and geopolitical tensions may put additional downward pressure on the asset in the near term, but emphasized that his outlook is based on a broader, multi-year time frame.

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For those hoping to time the bottom, Pentoshi warned against blindly following his moves, pointing out that market volatility could drive prices even lower in the short run.

Looking further ahead, the analyst believes the gradual erosion of fiat value—particularly the U.S. dollar—will push more investors toward Bitcoin as a hedge against monetary debasement. “People are waking up,” he suggested, hinting that the structural shift away from traditional currencies could serve as the next major tailwind for BTC adoption.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.