Bitcoin's price slipped below $60,000 over the weekend, then bounced back above $62,000 by Sunday. The move came as crypto analyst WhaleTwits posted on X that something 'bad' is likely to hit Bitcoin on Monday — but told followers not to panic. According to WhaleTwits, large investors and institutional players are actively accumulating during the pullback.
WhaleTwits' Monday warning
In a series of posts on X, WhaleTwits said the coming dip shouldn't scare off holders. He argued that big money is using the lower prices to build positions. The analyst predicted Bitcoin's price could bottom somewhere above $50,000 before launching into what he called a 'Parabolic Mark-Up' rally — targeting nearly $500,000 between 2026 and 2028. That's a more than 700% gain from current levels.
The silver comparison
WhaleTwits drew a direct parallel to silver's recent performance. Over the last year, silver staged a 600% rally. He suggested Bitcoin could replicate that kind of explosive move, albeit on a longer timeline. The comparison is notable given that silver is a traditional inflation hedge, while Bitcoin is often dubbed 'digital gold' by its proponents.
What Monday brings
All eyes are now on Monday's trading session. Bitcoin's weekend recovery above $62k suggests buying pressure remains, but WhaleTwits' warning of something 'bad' leaves the market on edge. Whether the dip materializes or the recovery holds will set the tone for the week ahead.
