70% of Institutions Deem Bitcoin Undervalued After 30% Drop
A new survey from Coinbase Institutional published on January 26 reveals a strong bullish consensus among professional investors, even as Bitcoin's price corrected by nearly 30%. The report shows that 70% of institutional participants now consider Bitcoin undervalued following its decline from a peak above $125,000 to its current trading range around $90,000. This sentiment indicates that large-scale investors interpret the recent price weakness as an attractive entry point rather than a signal of a sustained bear market.
62% of Firms Maintain or Increase Bitcoin Allocations
The conviction expressed in the survey is supported by tangible capital allocation decisions. According to the data, 62% of the firms are either maintaining their current exposure or actively increasing their Bitcoin holdings. This strategic positioning suggests that institutions are taking advantage of recent market deleveraging, which has cleared out excess speculative risk. Instead of liquidating, these professional investors are reinforcing their positions, signaling deep confidence in Bitcoin's long-term value proposition and potential for a price recovery.
