Nansen Founder Says Bitcoin Will Never Drop Below $60K Again — Here's Why That's a Bold Claim

WHY IT MATTERS

Think of this like a real estate expert saying home prices in a major city will never drop below a certain level again. It's a big claim that suggests the market has fundamentally matured. For crypto beginners, the key takeaway is that some industry leaders believe Bitcoin has grown up — with big institutional investors like banks and hedge funds now involved through ETFs (exchange-traded funds, which let people buy Bitcoin through traditional stock markets). This institutional backing could act like a safety net under the price. But remember: in crypto, 'never' is a dangerous word, and no one can predict the future with certainty.