Matt Hougan, Chief Investment Officer at Bitwise managing $12 billion in assets, projects Bitcoin will rally into year-end and Q1 2026. He cites maximum retail desperation and market capitulation as indicators of a bottoming phase. The market is transitioning to institutional-driven trading, Hougan stated during a November 5 CNBC interview.

Bitcoin traded above $103,000 with a 1% gain in 24 hours after the week's decline. Technical analysts warn that sustained weekly closes below the 50-week moving average at $102,000 have historically preceded market tops. Year-to-date performance shows gold and the S&P 500 now outpace Bitcoin returns despite favorable conditions including rate cuts and regulatory developments.

Ark Invest CEO Cathie Wood has lowered her 2030 Bitcoin price projection to $1.2 million from $1.5 million, a $300,000 reduction. The revision reflects stablecoins increasingly capturing roles Wood initially expected Bitcoin to fulfill as a store of value and settlement system, according to CNBC. Despite the adjustment, Wood maintains a bullish outlook on Bitcoin, citing institutional adoption as a key growth driver.

ARK Invest CEO Cathie Wood lowered the firm's long-term bitcoin price projection by approximately $300,000, attributing the adjustment to stablecoins' expanding adoption in emerging markets. Wood noted that stablecoins now fulfill payment and savings functions previously expected for bitcoin, directly impacting ARK's bullish scenario modeling. The revision references ARK's earlier forecasts, though the firm had raised its 2030 bull-case target to $2.4 million in April.

Bitcoin accumulator addresses increased from 130,000 to 262,000 over a two-month period, representing 101% growth, data show. These holders acquired more than 375,000 BTC in the past 30 days. On November 5, deposits exceeded 50,000 BTC within 24 hours.

President Donald Trump described cryptocurrency as reducing strain on the U.S. dollar during a speech at Miami's America Business Forum on November 5, 2025, positioning the United States as the bitcoin superpower. Historical market data reveals Bitcoin maintains an approximate -0.7 inverse correlation with the U.S. Dollar Index. Dollar strength typically suppresses BTC prices, complicating strategic reserve goals.

President Donald Trump declared the end of the federal crackdown on cryptocurrency during remarks at the America Business Forum in Miami on Wednesday. He emphasized China's ambitions in digital assets and urged swift action to maintain American leadership. Trump pledged to establish the US as the Bitcoin superpower and global crypto capital.

Ray Dalio warns the Federal Reserve's decision to halt quantitative tightening and maintain its $6.5 trillion balance sheet on December 1, 2025, marks a shift toward "stimulating into a bubble." The Bridgewater Associates founder argues this policy change, occurring amid elevated asset prices and inflation above 3%, could drive gold and Bitcoin to dramatic highs before an eventual collapse. Dalio identifies the combination of large fiscal deficits and central bank expansion as classic late-cycle debt dynamics.