Key Takeaways
- • Mike Flaum, CEO of Log Scale Investments, predicts Bitcoin will reach a new all-time high in 2027, rejecting the traditional four-year cycle tied to halvings.
- • Galaxy believes the bear market ended in June, while Fidelity remains cautious about a sustained recovery.
- • Grayscale emphasizes economic conditions over halving events as the main driver of Bitcoin's price.
- • The divergence among firms underscores continued uncertainty about Bitcoin's price cycles and future trajectory.
Summary
Mike Flaum, CEO of Log Scale Investments, forecasts that Bitcoin will reach a new all-time high in 2027. His view rejects the conventional four-year cycle model linked to Bitcoin halvings, which many market participants have used to frame price expectations.
Other major investment firms offer differing assessments of Bitcoin's recovery and the forces driving it. Galaxy now holds that the bear market ended in June. Fidelity remains cautious about whether a sustained recovery is underway. Grayscale argues that broader economic conditions matter more than halving events in shaping Bitcoin's trajectory. The disagreement reflects the broader uncertainty surrounding Bitcoin's cycle dynamics.
Pluang's market snapshot as of November 3, 2026 at 01:22 WIB shows broad weakness among major cryptocurrencies. Of 50 priced assets tracked, 5 rose and 44 fell. EOS gained 8.13% to Rp12.649, while LUNC fell 6.89% to Rp0.729 and BAT declined 6.79% to Rp2.348. Pluang order activity showed 28% sell and 72% buy for LUNC and 5% sell and 95% buy for BAT. These figures are platform-specific and do not directly address Bitcoin's long-term outlook.
Other major investment firms offer differing assessments of Bitcoin's recovery and the forces driving it. Galaxy now holds that the bear market ended in June. Fidelity remains cautious about whether a sustained recovery is underway. Grayscale argues that broader economic conditions matter more than halving events in shaping Bitcoin's trajectory. The disagreement reflects the broader uncertainty surrounding Bitcoin's cycle dynamics.
Pluang's market snapshot as of November 3, 2026 at 01:22 WIB shows broad weakness among major cryptocurrencies. Of 50 priced assets tracked, 5 rose and 44 fell. EOS gained 8.13% to Rp12.649, while LUNC fell 6.89% to Rp0.729 and BAT declined 6.79% to Rp2.348. Pluang order activity showed 28% sell and 72% buy for LUNC and 5% sell and 95% buy for BAT. These figures are platform-specific and do not directly address Bitcoin's long-term outlook.
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