Crypto funds generally believe that Bitcoin has not yet bottomed out, and no one expects it to break $100,000 by the end of the year.

CoinFeed reported on June 15th that, according to The Block, The Funding interviewed several crypto funds regarding their views on whether the market has bottomed out. Most investors believe Bitcoin may continue to decline. A partner at Finality Capital predicts the true bottom will be at the end of Q3 or the beginning of Q4, while an executive at Digital Asset Capital Management holds a "relatively neutral" stance for the next 12 months. The founder of Hypersphere Ventures stated that "there is a general bearish sentiment towards crypto," as other sectors such as AI, aerospace, health tech, and defense tech are more attractive. Some long-term investors view the current decline as a buying opportunity, with VanEck's head of investor relations for digital assets stating that confidence in Bitcoin remains strong.