Anselm: Pessimistic sentiment hits extreme, current entry into Bitcoin is a good trading opportunity According to BlockBeats, on June 26th, crypto KOL Anselm reiterated the long-term investment logic of Bitcoin and stated that despite previously holding a bearish stance, the current price has formed a good buying opportunity. He pointed out that the core narrative of Bitcoin as the hardest currency remains unchanged - it cannot be confiscated by the government, can be instantly transferred across borders, is not affected by the long-term depreciation of the US dollar, and is an ideal carrier for long-term wealth storage. The narrative of 'digital gold' was once shattered by gold outperforming Bitcoin between 2024 and 2025, but he believes that market confidence can be restored as long as price momentum rebounds. At the macro level, Anselm believes that with the reopening of the Strait of Hormuz and the expected easing of inflationary pressures, the hawkish stance of the Federal Reserve may be approaching its peak, and at that time, Walsh and the Federal Reserve will have room for interest rate cuts rather than continuing to raise rates; The strong US dollar and rising interest rates have suppressed gold, but if the profit taking funds of AI stocks flow into real estate, cash, and long-term value storage assets, both gold and Bitcoin will benefit; The interest of institutional investors such as Paul Tudor Jones in Bitcoin still exists. Previously, Anselm admitted to being bearish on Bitcoin due to the risk of Saylor (founder of Strategy) holding positions, and at one point believed that $60000 would be difficult to hold, but he stated that he is responding to buying signals. He pointed out that the current price action is already pricing in the worst-case scenario of Saylor being forced to sell, and even if it really needs to be sold, it will not happen for at least 6 months. He concluded that Bitcoin is currently at the intersection of long-term historical support levels and the most pessimistic market sentiment he has seen, and entering early Q3 is a trading opportunity worth paying attention to. [Original link]