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Bitcoin could crash 70% in 6 months before rising to $500,000 long-term, warns Atlas Capital CEO.

Market News
04 Jun 2026
Coindesk
View Source
Bearish
pluang ai news

Reza Bundy, CEO of Atlas Capital and partner of economist Nouriel Roubini, predicts bitcoin may drop up to 70% within six months, especially if the stock market suffers a major decline. Despite this short-term bearish outlook, Bundy remains bullish long-term, forecasting bitcoin could reach between $150,000 and $500,000 depending on global economic conditions like inflation, government debt, and geopolitical conflicts. He argues bitcoin's long-term value lies in its role as a store of value amid rising government debt and monetary instability. Bundy’s firm currently avoids bitcoin in its investment fund, waiting for the predicted market correction before reconsidering inclusion.

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