Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitcoin rebounded from $57,000 to $82,000 in under 90 days, says Joe Carlasare

Bitcoin rebounded from $57,000 to $82,000 in under 90 days, says Joe Carlasare

CointurkCointurk2026/11/13 22:45
By:Cointurk

Bitcoin‘s price surged from $57,000 to $82,000 in less than 90 days earlier this year, prompting renewed optimism from Joe Carlasare, a partner at Amundsen Davis and an established digital asset commentator. Carlasare discussed his perspective on Bitcoin’s recent volatility and market sentiment in a recent interview with Bitcoin Magazine TV (BMTV).

Market sentiment and capital flows

Carlasare argued that the idea capital cannot swiftly enter the Bitcoin market is unfounded, citing the rapid price recovery earlier this year as evidence. He believes that if Bitcoin were to move back into the $80,000 or $90,000 price range, it would likely attract technical and momentum traders who have remained cautious during recent periods of extreme market fear.

He also noted that surpassing the $100,000 level could quickly shift the prevailing market narrative toward renewed bullishness. According to Carlasare, this kind of move has the potential to bring sidelined capital and traders back into the space, driving additional upward momentum.

“A move back into the $80,000s or $90,000s would bring technical and momentum traders off the sidelines, while a push to $100,000 would instantly flip the narrative,” explained Carlasare during the broadcast.

Insights on recent market correction

Carlasare addressed the wave of selling pressure observed near the end of 2025, which he described as a healthy market shakeout. He attributed much of the downward pressure to sales by longstanding Bitcoin holders, often referred to as OGs (original gangsters) within the crypto community. In Carlasare’s view, such cycles of distribution help form more resilient market foundations over time.

The need for a quantum security plan

Looking forward, Carlasare emphasized the significance of developing a robust strategy to secure Bitcoin and related digital assets against future quantum computing threats. He suggested that articulating a clear plan for quantum resistance could attract an influx of institutional and large-scale capital into the sector.

Mini dictionary: Quantum computing refers to a type of computation that leverages quantum-mechanical phenomena, like superposition and entanglement. In the context of blockchain, quantum computers could potentially break standard cryptographic algorithms, making quantum-resistant strategies essential for future security.

Carlasare pointed to the importance of a “serious quantum plan,” stating this could help attract new institutional capital into the Bitcoin ecosystem.

Background on Bitcoin’s lending ecosystem

The interview also highlighted SALT Lending, one of the earliest companies to offer loans backed by Bitcoin. Since 2016, SALT Lending has enabled holders to borrow against their Bitcoin reserves without the need to sell their assets. The firm operates as a digital asset lender, catering primarily to long-term Bitcoin investors seeking liquidity options without liquidating their holdings.

Despite the current market volatility, stakeholders like Carlasare and companies like SALT continue to express long-term confidence in Bitcoin’s foundational strengths and growth prospects.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Unlike Elon Musk’s “One Price” Approach: Anthropic (ANT.US) Roadshow Pricing Inquiry at $70-78, Institutional Investors Become the True Decision Makers in IPO Pricing

Anthropic will launch what is set to be the largest IPO in history next week, aiming to take this title from SpaceX. However, unlike Elon Musk’s conglomerate, large investors will have greater influence over its IPO pricing amid the ongoing turbulence in the artificial intelligence (AI) market.

智通财经•2026/11/14 00:01

Both are Tech Giant IPOs, Why is Anthropic's Listing Valuation More Conservative Than SpaceX?

Unlike SpaceX's fixed pricing model, Anthropic adopts the traditional roadshow approach, granting more pricing power to institutional investors. Due to factors such as the Nasdaq downturn, Federal Reserve rate hikes, and AI oversupply, the market environment is under pressure, and previous expectations for a $2 trillion valuation have faded. Analysts point out that the difference in pricing strategies between the two companies essentially reflects the depth of their relationships with the Wall Street capital markets.

华尔街见闻•2026/11/13 23:51
Both are Tech Giant IPOs, Why is Anthropic's Listing Valuation More Conservative Than SpaceX?

Inflation Pressures Persist, Fed Rate Hike Expectations Intensify, AI Investment Risks Increase Financial Stability Concerns

As U.S. inflation accelerates again, Federal Reserve officials have intensively released hawkish signals this week, further strengthening market expectations for a rate hike in December and opening the door to another rate hike in January next year.

智通财经•2026/11/13 23:47
Inflation Pressures Persist, Fed Rate Hike Expectations Intensify, AI Investment Risks Increase Financial Stability Concerns

Barclays Turns Tactically Bullish on US Stocks for the First Time Since March, Recent Selloff Sets Stage for Short-Term Rebound

As investors significantly reduce their stock holdings and market volatility pressures ease, Barclays' trading division has turned tactically bullish on US equities for the first time since mid-March this year.

智通财经•2026/11/13 23:47
Barclays Turns Tactically Bullish on US Stocks for the First Time Since March, Recent Selloff Sets Stage for Short-Term Rebound