Crypto Fund Managers See Further Bitcoin Downside, With Bottom Expected in Late Q3 or Early Q4

Several crypto fund managers interviewed by The Funding said they do not believe the market has bottomed, with many expecting Bitcoin to fall further. According to PANews, Finality Capital partner said the true bottom may arrive at the end of Q3 or the beginning of Q4, while an executive at Digital Asset Capital Management said the firm holds a “relatively neutral” view for the next 12 months. Hypersphere Ventures’ founder said sentiment is broadly bearish across crypto, citing stronger investor interest in other sectors such as AI, aerospace, health tech, and defense tech. The report also said some long-term investors view the current decline as a buying opportunity. VanEck’s head of digital asset investor relations said confidence in Bitcoin remains strong.