A survey conducted from early December to early January found most investors view Bitcoin as undervalued, according to a report by Coinbase — stated. The poll covered 75 institutional and 73 independent investors while BTC traded near $85k–$95k.
Seventy-one percent of institutions and 60% of independents said they feel that [Bitcoin] is undervalued. A quarter of institutions called it fairly priced and 4% said it was overvalued.
Bitcoin currently trades near $87.6k, down more than 30% from its $126.1k October high, as data shows. Prices have largely stalled since the Oct. 10 crash that erased over $19 billion in leveraged positions.
Safe-haven metals have outperformed crypto, with gold topping $5,000 and silver doubling since October, while the S&P 500 rose about 3% (Ed. note: metals’ gains underscore shifting investor preference toward safer assets). “Geopolitical tensions have flared up in several parts of the world, and any escalation of unrest, particularly one that disrupts energy markets, could negatively impact investor sentiment.”
Institutional conviction remained strong: 80% would hold or buy after a further 10% market drop. Over 60% have held or increased positions since October, and 54% view the cycle as accumulation or a bear market.
The report also noted monetary policy could shift, with expectations for two Federal Reserve rate cuts in 2026 that may help risk assets. The report added that inflation was 2.7% in December and real GDP grew over 5% in the fourth quarter.
