Capriole founder warns of Bitcoin price drop by 2028

Bitcoin price narratives continue to evolve as long-term downside risks regain attention. Bitcoin price discussions now extend from just volatility into structural durability. 

Notably, projections tied to security risks and cycle behavior increasingly point toward deeper drawdowns over the next several years.

While near-term price stabilization dominates current focus, broader Bitcoin price expectations now center on whether long-horizon valuation models can withstand emerging technological threats.

Capriole Founder Warns of Bitcoin Price Below $50K

Capriole founder Charles Edwards recently warned that Bitcoin price could fall below $50,000 by 2028 without proactive protocol upgrades. He put this situation in the context of quantum computing developments instead of market feeling. According to his assessment, Bitcoin price security assumptions face erosion if cryptographic defenses lag behind technological progress.

Specifically, Edwards linked the sub-$50K Bitcoin price risk to confidence loss rather than supply dynamics. Notably, BTC  valuation models grounded on scarcity fall when network security credibility decays. 

Meanwhile, the 2028 timeline aligns with forecasts for meaningful quantum capability expansion. Therefore, this outlook positions Bitcoin price downside as a structural threat. It leaves the emphasis on cyclical pullbacks and puts it on long-term resilience to changing computational pressure.

Bitcoin Cycle Structure Reinforces Sub-$50K Risk

Separately, Bitcoin’s historical cycle structure continues to reinforce bearish tendencies. Past cycle peaks would always be followed by severe retracements followed by extended periods of consolidation. Such falls usually went beyond seventy percent, irrespective of macro conditions or narratives.

At press time, the BTC market value trades at around $87,000. In the past, such areas of valuation were followed by long periods of decline as opposed to an instant rebound. Meanwhile, cycle-based projections place the next potential trough between 2026 and 2028. 

Several models converge near the $40,000 region, placing Bitcoin price well below $50,000. Thus, the downside scenarios of BTC prices are based on repetition, rather than speculation. Such structural rhythm gives the chance of a sub-50K result in the present cycle framework.

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BTC/USD 2-Week Chart (Source: X)

How Is Bitcoin Price Currently Performing?

Current Bitcoin price action reflects consolidation rather than reversal. Bitcoin price broke beneath the ascending channel, shifting structure toward a corrective phase. This area created a distinct two-bottom pattern, indicating absorption and not capitulation. This area was repeatedly defended by buyers, which did not allow making losses faster.

Nevertheless, BTC did not recover the resistance at around $93,900, which supports the presence of overhead supply. This rejection preserves range-bound conditions rather than directional expansion. MACD compression also contributes to indecision instead of trend strength. 

Importantly, this structure does not invalidate long-term BTC price prediction risks. Instead, it delays them. Therefore, Bitcoin price stability near support contrasts with broader projections pointing toward a possible move below $50,000 over the longer horizon.

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BTC/USD 4-Hour Chart (Source: TradingView)

To sum up, Bitcoin price outlook now reflects a divergence between short-term stability and long-term vulnerability. Capriole’s warning places a potential sub-$50K Bitcoin price outcome within a defined 2028 timeline. 

Meanwhile, historical cycle behavior continues to support deeper retracement scenarios. Despite the fact that the current structure of BTC price is supported, the long-term prediction of BTC price becomes more dependent on the security adaptation than on the cyclical recovery only.

 

Source: https://coingape.com/markets/bitcoin-price-prediction-as-capriole-founder-warns-of-a-drop-below-50k-by-2028/