Nansen Founder Predicts Bitcoin Will Never Fall Below $60,000 Again

ChainCatcher reports that Alex Svanevik, founder and CEO of Nansen, stated that Bitcoin’s current price of approximately $60,000 may have marked the low point of this cycle. “Personally, I don’t believe Bitcoin will ever return below $60,000—I think that era is behind us, and it’s permanent.” Svanevik bases this view on Bitcoin’s role as a hedge against global central bank monetary expansion, noting there are no signs of an imminent end to the global monetary easing cycle. He also emphasized that the crypto industry is undergoing a fundamental transformation: crypto assets have moved from being part of a blockchain “toy world” into the “real world.” On the public chain ecosystem level, Svanevik holds a long-term bullish outlook on Solana, dismissing the notion that it is merely a “meme coin chain” as absurd. He believes Solana has “possibly the most effective BD team” and an “incredible team.” However, Svanevik declined to translate this view into a specific price prediction for SOL: “Intuitively, I think it will rise, but I can’t be certain.” He also expressed strong optimism for Robinhood Chain, which launched in July this year, noting its superior user distribution capabilities position it as a formidable competitor to Base. However, he believes Robinhood is unlikely to issue a token—first, because it doesn’t need to; second, as a Nasdaq-listed company, issuing a token would logically conflict with its own stock, as “all value should be channeled into HOOD stock.”