Atlas Capital CEO Sees Bitcoin Falling 70% to $30,000 Before Climbing to $500,000
Updated
Updated · CoinDesk · Jun 4
Atlas Capital CEO Sees Bitcoin Falling 70% to $30,000 Before Climbing to $500,000
2 articles · Updated · CoinDesk · Jun 4
Summary
$63,000 bitcoin could drop to $26,000-$30,000 within six months, Reza Bundy said, arguing a sharp equity selloff would hit the token even harder than stocks.
Bundy tied the warning to a broader macro call from Atlas Capital and Nouriel Roubini that markets face a major correction, saying bitcoin has behaved more like a volatile tech risk asset than an inflation hedge.
Longer term, he still projects bitcoin at $150,000-$500,000, with the upper end tied to debt monetization and inflation that would favor scarce assets.
Atlas has kept bitcoin out of its $18 million USAF ETF for now, and Bundy said the firm will decide on inclusion only after the expected market drawdown passes.
With institutions pouring billions into Bitcoin, why does a 'Dr. Doom' partner predict a 70% crash is still imminent?
If a 1929-style crash hits markets, will Bitcoin fall with stocks or become the ultimate safe-haven asset?
What signal will tell investors the 'Bitcoin winter' is over and the climb to $500,000 has truly begun?
Bitcoin’s 2026 Meltdown: Atlas Capital and Roubini Predict Deeper Crash as Equities Soar
Overview
In June 2026, Atlas Capital CEO Reza Bundy issued a major short-term warning about Bitcoin, highlighting its worst-ever start to a financial year. Bitcoin fell 23% by the 50-day mark, with sharp declines of 10% in January and 15% in February, marking unprecedented back-to-back monthly losses. This underperformance stands out, especially after a weak 2025, and signals a shift in investor sentiment. Bundy’s warning, supported by economist Nouriel Roubini, reflects growing concerns about Bitcoin’s volatility and the broader market’s move away from speculative assets, even as some remain optimistic about its long-term potential.