Billionaire Investor's Bold Call: Is Bitcoin at the Turning Point Near $90K?

Question

Cameron Winklevoss, co-founder of a major crypto platform, recently made waves with a provocative statement to his 1.6 million followers: “This is the last time you’ll ever be able to buy bitcoin below $90K.” His timing coincides with Bitcoin’s recent pullback, raising questions about whether current levels represent genuine accumulation opportunities or merely a pause in a larger correction.

The Price Action: From $124K to Support Testing

Bitcoin is currently trading at $87.61K, up 1.09% over the last 24 hours, with a market cap of $1.75 trillion and a circulating supply of approximately 19.96 million BTC. This represents a sharp retreat from the recent $126K high, with BTC now testing deeper support levels after weeks of sustained downside pressure.

The technical picture has shifted meaningfully. Bitcoin’s retreat has punctured the long-term ascending trendline that held since early 2025—a structural break that replaces months of higher lows with pronounced downside momentum. Recent candlestick patterns show a series of controlled lower closes, while the RSI hovering near 30 signals oversold conditions, reminiscent of prior accumulation phases.

Where Are the Key Support Zones?

The current correction is pushing Bitcoin toward a critical demand zone spanning $83,800 to $90,000—the same region that fueled recovery momentum back in April. This band intersects with the 0.618 Fibonacci retracement level, amplifying its significance for both tactical traders and long-term portfolio builders.

Technical levels traders are monitoring:

Support zones: $90,000, $83,800, $74,600
Resistance zones: $96,000, $111,000, $126,000

A move toward $84,000 could trigger a technical reversal if buying pressure emerges with conviction. Chart exhaustion signatures—such as bullish engulfing candles, extended lower shadows, or RSI divergences against fresh lows—may signal the turning point.

The Path to Recovery

If bulls reassert control, the first major checkpoint sits near $96,000. A break above this level could accelerate momentum toward $111,000, where a convergence of past rejection points and the previously broken trendline creates significant resistance. Clearing this zone would restore bullish structure and potentially reopen the path toward $126,000.

For a sustained recovery, Bitcoin would need to reclaim the 20-EMA alongside a decisive move out of the $84K–$90K support band. Such a development could launch a multi-week rebound, especially if broader market liquidity conditions stabilize heading into 2026.

What Winklevoss May Be Suggesting

The billionaire investor’s warning subtly hints at an approaching scarcity inflection. With Bitcoin’s circulating supply nearing 20 million coins and supply dynamics tightening, his message implies that current deep-value zones may represent the final extended window before BTC enters a new price regime.

Whether this proves prescient or premature depends largely on the strength of the next technical bounce. For now, Bitcoin’s highest-probability scenario remains a reversal within the $84K–$90K range, followed by a potential climb if macro conditions cooperate.