[Coinbase: Most Institutional Investors Believe Bitcoin is Undervalued in the $85,000 to $95,000 Range] Odaily Planet Daily News – Coinbase stated in its published *Charting Crypto Q1 2026 Report* that approximately 70% of institutional investors believe Bitcoin is undervalued in the $85,000 to $95,000 range. The report shows that Coinbase conducted a survey of 75 institutional investors and 73 independent investors between early December 2025 and early January 2026. Among them, 71% of institutional investors and 60% of independent investors believe Bitcoin's current valuation is low; about 25% of institutional investors consider its valuation reasonable, and only 4% think it is overvalued. During the survey period, Bitcoin's price fluctuated mainly within the $85,000 to $95,000 range. Coinbase pointed out that since Bitcoin reached an all-time high of approximately $126,000 in October 2025, its price has fallen by more than 30%, significantly underperforming gold, silver, and the U.S. stock market. Due to factors such as geopolitical tensions and tariff uncertainties, market sentiment in the crypto space remains cautious. In terms of investment behavior expectations, 80% of institutional investors stated that if the market were to drop another 10%, they would choose to continue holding or buy the dip. Over 60% of surveyed institutions said they have maintained or increased their crypto asset allocations since October. Additionally, 54% of institutions believe the current market is still in an "accumulation phase" or a bear market range. Coinbase also predicts that the Federal Reserve may implement two rate cuts totaling 50 basis points in 2026, which could provide some macroeconomic support for risk assets, including crypto assets.