2026: Bitcoin @$58k, MicroStrategy collapse, Reflecting pool, AI… (opens in new tab)

Covers My AI Opinions

Bitcoin has finally plunged to $58,000. This will go down as one of my greatest forecasts ever, if not the greatest. I was the only person, back in 2025 when it was at >$100,000, who predicted there would be no BTC reserve, whilst also recommending shorting Bitcoin a a hedge against tech stocks. The latest catalyst for the selling is a possible MicroStrategy-led debt spiral. Zooming out gives a perspective of how bad things have gotten:

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