Ansem: Pessimism has reached an extreme level, and entering Bitcoin now is a good trading opportunity.
BlockBeats news, on June 26, crypto KOL Ansem reiterated in a post the long-term investment logic for Bitcoin, stating that despite previously holding a bearish stance, the current price presents a good buying opportunity.
He pointed out that the core narrative of Bitcoin as the hardest form of money remains unchanged—immune to government confiscation, allowing instant cross-border transfers, and not affected by the long-term depreciation of the US dollar, making it an ideal vehicle for long-term wealth preservation. The fact that gold outperformed Bitcoin between 2024 and 2025 once caused the "digital gold" narrative to falter, but he believes that as soon as price momentum picks up again, market confidence will be restored.
On the macro level, Ansem believes that as the Strait of Hormuz reopens and inflationary pressures are expected to ease, the Fed's hawkish stance may be close to its peak. At that point, Waller and the Federal Reserve will have room to cut interest rates instead of continuing to raise them; the strength of the US dollar and rising rates have put pressure on gold, but if profits from AI stocks are cashed out and flow into real estate, cash, and long-term value-preserving assets, both gold and Bitcoin will benefit; institutional investors such as Paul Tudor Jones remain interested in Bitcoin.
Previously, Ansem admitted that he was bearish on Bitcoin due to Saylor's (founder of Strategy) position risk and once believed it would be difficult for Bitcoin to hold above $60,000, but he says he is now responding to signals for buyers to enter. He noted that the current price action has already priced in the worst-case scenario of Saylor being forced to sell, and even if Saylor does need to sell, it would not happen for at least another six months.
He concluded that Bitcoin is currently at the intersection of long-term historical support and the most pessimistic market sentiment he has seen personally, and entering the market at the beginning of Q3 is a trading opportunity worth paying attention to.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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In the fifth paragraph, a quote from analyst Sahil Pandey was added. Reuters, October 5 - According to the Financial Times, citing informed sources, pharmaceutical distributor McKesson (MCK.N) and private equity firm Clayton Dubilier & Rice are about to reach an acquisition agreement to purchase infusion service provider Option Care Health, with the deal valued (including debt) at over 5 billions USD. After the report was published, Option Care's share price rose by 21% in after-hours trading. The report stated that the deal could be announced as early as Tuesday, but negotiations could still fall through. This potential acquisition would be McKesson’s latest move in expanding its healthcare services portfolio. In August this year, the company agreed to acquire Precision Medicine Group for about 2.25 billions USD (link), as part of its effort over the years to strengthen high-growth business sectors. Leerink Partners analyst Michael Cherny said the “strategic logic” of the deal makes sense, as it would expand McKesson’s business from physician offices to care settings in the home and alternative sites. Option Care provides infusion services that allow patients to receive intravenous treatments at home or other outpatient settings, eliminating the need to go to the hospital. McKesson has previously been restructuring its business portfolio by divesting non-core assets and investing in fields such as oncology and specialty care (link). Driven by the growth of its specialty distribution business and contributions from acquisitions, revenue for its oncology and multi-specialty business segment grew by 33% in the latest fiscal quarter. McKesson declined to comment, while CD&R and Option Care did not immediately respond to Reuters’ requests for comment regarding the report. (For non-English speakers' convenience, Reuters offers automated machine translations of its reports in several languages. As there may be mistakes in the automated translations or some context may not be included, Reuters does not guarantee the accuracy of the automated translation text, which is provided solely for readers’ convenience. Reuters bears no responsibility for any damages or losses caused by the use of automated translation functions.)
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