Sigma Capital CEO "Bitcoin could see up to a 70% correction in the next bear market"

Bitcoin (BTC) is expected to continue showing strong volatility in future market cycles, and it was forecast that in the next bear market a correction of up to 70% could occur.

On the 1st (local time), according to Cointelegraph, Vineet Budki, CEO of Sigma Capital, said at the Global Blockchain Congress held in Dubai in 2025, "Bitcoin will undergo a price correction of 65~70% within the next two years," adding, "This is because investors do not properly understand the intrinsic value of the assets they hold."

He explained, "Even if the Bitcoin price falls to 70,000 dollars, its utility (practical usefulness) does not disappear. The problem is that people do not know Bitcoin's usefulness, and assets they do not understand are sold first, which increases selling pressure."

However, Budki remained optimistic in the long term. He forecasted, "There is a high possibility that Bitcoin's price will reach over 1,000,000 dollars per coin within the next 10 years," and added, "This will be driven not only by simple price speculation but also by an increase in practical use cases of Bitcoin that will expand the user base."