Bitcoin price has been under pressure since October, dropping over 30% from its all-time high of $126,000. While the price drop has made many retail investors nervous, but a new data from Coinbase reveals a different story.
As 71% of institutional investors believe Bitcoin is undervalued near the $88,000 level.
Here’s what the Coinbase report says.
According to Coinbase’s Charting Crypto Q1 2026 report, based on a survey conducted between early December 2025 and early January 2026.
The survey included 75 institutional investors and 73 independent investors. Around 71% of institutions and 60% of independent investors said Bitcoin is undervalued when trading between $85,000 and $95,000, which is where the price stayed for most of the past two months.
Another 25% felt Bitcoin was fairly valued, while only a small 4% believed it was overvalued.
This data suggests strong conviction among major market players, even as Bitcoin trades near $87,800 today.
The report also shows that institutions are not just optimistic in words. More than 60% of institutional investors said they have either held onto their Bitcoin or increased their positions since the October peak.
Even more striking, 80% said they would continue to hold or buy more Bitcoin if the price drops another 10%.
Despite this long-term optimism, short-term data show a different story. Over the past five consecutive days, Bitcoin ETFs have recorded heavy outflows totaling nearly $1.7 billion.
Meanwhile, giant institutional investors like Fidelity and BlackRock led these withdrawals, with outflows of roughly $656 million and $537 million, respectively.
This suggests that while institutions like Bitcoin at current prices, some are reducing exposure through ETFs, possibly due to risk management or short-term market uncertainty.
Looking ahead, several well-known figures remain bullish on Bitcoin’s long-term outlook. Arthur Hayes believes Bitcoin could climb above $200,000 if global liquidity increases, especially if central banks step back into money printing.
At the same time, author and economist Robert Kiyosaki has predicted Bitcoin could reach $250,000 by the end of 2026, citing fixed supply and rising institutional demand.
Even Cardano founder Charles Hoskinson has shared similar views, pointing to steady institutional adoption as a key driver.
The memecoin debate is back in the spotlight after Changpeng Zhao explained why BNB Chain…
The free-to-play gaming model has achieved something few analysts predicted a decade ago: it has…
After aggressively accumulating Bitcoin over the past two years, several public companies are now reversing…
Goldman Sachs became the largest purchaser of XRP ETF shares this quarter, and the SEC…
What began as a single protocol exploit is now affecting the entire Solana network. Drift…
Story Highlights The live price of the Tron coin is Tron’s price 2026 target is…
