Joe Carlasare: Bitcoin "extreme fear," I am buying here

Nov 14, 2026 05:20:57

Bitcoin lawyer Joe Carlasare stated in a video interview with Bitcoin Magazine that the current Bitcoin market is in one of the worst phases he has ever seen, and "extreme fear" is the reason he chose to buy in at this time. He pointed out that Bitcoin had risen from $57,000 to $82,000 in less than 90 days this year, so he disagrees with the view that funds cannot flow back into Bitcoin. He believes that if the price returns to the $80,000 to $90,000 range, it will pull technical analysts and momentum traders back into the market, and a return to $100,000 will immediately flip the market narrative.

He also views the early holders selling off to suppress Bitcoin prices in 2025 as a healthy washout. On a macro level, Carlasare believes that rising yields reflect economic growth rather than a debt crisis, and he suggests paying attention to seasonal inflation and the lagging Federal Reserve policy, while also emphasizing that about 90% of investment outcomes depend on psychology. He finally mentioned that Bitcoin needs a serious quantum computing response plan to attract new funds, and he believes that a divided government landscape could boost the market, while also discussing his Bitcoin-themed legal work, "Unconfiscatable."

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