Nansen Founder: Bitcoin Will Never Fall Below $60,000 Again, Global Monetary Easing Cycle Shows No Signs of Ending

BlockBeats News, August 8th. Nansen founder and CEO Alex Svanevik stated that the current price of Bitcoin, around $60,000, may have marked the bottom of this cycle. "I personally believe that Bitcoin will not drop below $60,000 again, that's in the past, and I think it's forever." Alex Svanevik said this judgment is based on Bitcoin's positioning as a global central bank reserve currency hedge tool, and he has not seen any signs of the global monetary easing cycle coming to an end. At the same time, the crypto industry is undergoing a fundamental transformation, with crypto assets moving from the era when they were just toys in the blockchain world to the era of the real world.

At the public chain ecosystem level, Svanevik has a long-term bullish view on Solana, stating that considering it just a meme coin chain is completely absurd. He believes Solana has the "possibly most effective BD team" and an "incredible team" behind it. However, Svanevik refuses to translate this judgment into a specific price prediction for SOL – "Intuitively, one might think it will rise, but I can't be sure."

Svanevik is also optimistic about Robinhood Chain, which just launched in July this year, believing that with its excellent user distribution capabilities, it is rising as a strong competitor to Base. However, he believes Robinhood is unlikely to issue tokens – on the one hand, it's not necessary, and on the other hand, as a Nasdaq-listed company, issuing tokens would be logically contradictory to its own stock, "All value should be directed into HOOD stock."