Bitcoin Price Prediction: Larry Fink Turns Bullish on BTC, Blames Leverage Trading
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Bitcoin price is hovering around the mid $63,000 range after one of the year’s sharpest leverage flushes in a bearish prediction environment. BlackRock CEO Larry Fink blamed Bitcoin’s recent volatility on excessive derivatives leverage, and not on weakening fundamentals. The liquidation data support his view, with billions wiped out during the selloff. Most of those losses came from overleveraged longs, not panic selling.
Now that the dust has settled, Bitcoin is trying to hold the $62,000 to $65,000 range. That puts the spotlight on upcoming options expiry and fresh signals from the Federal Reserve. Price action alone may not tell the whole story this time.
Instead, institutional demand is becoming the market’s favorite scoreboard. ETF flows and large investor positioning could decide whether Bitcoin regains momentum or stalls below resistance. For now, traders seem happy buying dips, but nobody is rushing to crank the leverage back up.
Discover: The Best Token Presales
Bitcoin Price Prediction: Reclaim $70,000 After Another Leverage Flush?
Bitcoin is trading around $62,850 after slipping from this week’s highs near $65,000. During the past 24 hours, BTC traded between $62,700 and $64,000, while daily trading volume hovered near $27 billion. Activity remains elevated compared with quieter sessions, showing traders are still working through the recent liquidation wave.
Technically, the next test is whether Bitcoin can defend the low $62,000 area, which has attracted buyers repeatedly this month. The rebound from those levels showed real demand, yet bulls still need to reclaim the $64,500 to $65,000 zone. Until that happens, every rally risks feeling like a dress rehearsal instead of opening night.
Three scenarios remain in play. In the bullish case, leverage continues cooling, institutional demand absorbs supply, ETF inflows stay healthy, and Bitcoin pushes above $65,000 before challenging $70,000. That would finally give buyers something to smile about besides green candles lasting five minutes.
The base case is less dramatic. Bitcoin could keep chopping between $62,000 and $65,000 while traders wait for the next macro catalyst, whether that comes from the Federal Reserve or ETF flows. It is not exciting, but markets rarely hand out fireworks every day.
The bearish case still deserves respect. Another derivatives-driven flush after disappointing macro data could drag Bitcoin below $62,000 and put the recent recovery under pressure. Larry Fink may remain bullish, but leverage has not disappeared overnight. For now, holding above support matters far more than anyone’s crystal ball.
Trade Bitcoin and Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
Bitcoin Hyper Targets Early-Mover Upside as Bitcoin Tests Key Levels
Spot BTC at $64k carries a $1.29 trillion market cap. The upside math from here, while real, is measured in percentages for most holders. Early-stage infrastructure bets on the Bitcoin ecosystem operate on entirely different return profiles, which is where projects like Bitcoin Hyper enter the conversation.
Bitcoin Hyper ($HYPER) is positioning as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, a combination that targets the three core limitations Bitcoin itself has never resolved: slow throughput, high fees, and no native programmability.
The presale is priced at $0.0136832 and has raised $32.9 million to date, with a staking mechanism offering high APY for early participants. The SVM integration is the technical differentiator; lower latency than Solana itself on a Bitcoin security layer is an aggressive benchmark.
For traders watching BTC consolidate at current levels and looking for asymmetric exposure to Bitcoin ecosystem growth, research Bitcoin Hyper’s presale terms here before the next stage pricing moves.
Discover: The Best Crypto to Diversify Your Portfolio
- CLARITY Act Senate Vote Locked In, But 60-Vote Hurdle Looms Large
- Mark Zuckerberg Meta AI Predicts an XRP Surge Few Saw Coming
- Microsoft Copilot AI Predicts the Price of XRP by The End of 2026
- Google Gemini AI Predicts the Price of Bitcoin by The End of 2026
- XRP Price Is Stuck Grinding Near Multi-Week Lows: What Happens at $1.05 Next?
2M+
250+
8
70
- CLARITY Act Senate Vote Locked In, But 60-Vote Hurdle Looms Large
- Mark Zuckerberg Meta AI Predicts an XRP Surge Few Saw Coming
- Microsoft Copilot AI Predicts the Price of XRP by The End of 2026
- Google Gemini AI Predicts the Price of Bitcoin by The End of 2026
- XRP Price Is Stuck Grinding Near Multi-Week Lows: What Happens at $1.05 Next?
More Articles
in numbers
