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In a statement that grabbed attention across the crypto world, Gemini co-founder Cameron Winklevoss declared:
“This is the last time you’ll ever be able to buy Bitcoin below $90k!”
With Bitcoin recently slipping below the $90,000 mark amid a significant market downturn, the comment underscores a bullish conviction yet also rings alarm bells for timing and risk.
Why Winklevoss May Believe the Window Is Closing
Institutional Adoption & Scarcity Game
Winklevoss is pointing to two inter-twined trends:
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Institutional investment flowing into Bitcoin, making large future price pools harder to access at lower levels.
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The finite supply of Bitcoin (~21 million coins) means fewer and fewer “cheap” coins remain on the market.
Given these dynamics, he argues that under-$90K may soon be historical territory.
Macro & Cycle Timing
Bitcoin’s current slide from an all-time high above ~$126K to under $90K- falls within the “400-600 days post-halving” window where previous cycles have made major peaks. Winklevoss may be suggesting that the next leg up will begin soon, making these lower levels rare entry points.
Changing Market Structure
The crypto market in 2025 is not the one of 2017 or 2020. ETFs, corporate treasuries, sovereign holdings and derivative markets are more active. Analysts point to heavier “selling pressure” from whales and leveraged positions, making “cheap seats” at lower prices harder to find.
How to Interpret the Statement - With Caution
While bold, such a claim must be considered with nuance:
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“Last time” is speculative: Markets can surprise, and a wash-out event could produce sub-$90K prices again though perhaps less likely.
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Risk of timing exposure: Buying because you fear missing out can lead to holding at higher cost basis and less margin for error.
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Market stress remains: The slide under $90K reflects macro headwinds, leveraged liquidations and ETF outflows not purely supply constraints.
What Should Investors Watch Now?
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Support & resistance levels: Key zones near ~$93K-$95K and ~$86K-$88K are being watched. A breakout above or breakdown below could define the next leg.
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Institutional inflows & exchange reserves: Continued large buys by institutions, or reduced coins on exchanges, may validate Winklevoss’s thesis.
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Macro signals: Interest-rate expectations, ETF flows and global liquidity will influence Bitcoin’s direction more than any single quote.
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On-chain signals: Long-term holder accumulation, whale distribution and derivatives positioning can hint at underlying supply dynamics.
FAQs
Q1: Did Cameron Winklevoss really say this is the last chance to buy Bitcoin below $90K?
Yes. On November 18 2025, Winklevoss posted on X (formerly Twitter): “This is the last time you’ll ever be able to buy bitcoin below $90k!”
Q2: Should I buy Bitcoin now because of his statement?
Such statements reflect conviction but not guarantee. Buying should align with your risk tolerance, investment horizon and research not only fear of missing out.
Q3: Why might Bitcoin not go below $90K again?
Winklevoss cites scarcity, institutional adoption and changing market structure as reasons but no outcome is assured.
Q4: Could Bitcoin still drop below $90K despite this claim?
Yes. Markets are unpredictable. Technical breakdowns, macro shocks or heavy liquidations could push it lower even if the probability is deemed lower by some.
Q5: What other indicators back this kind of bullish thesis?
Yes on-chain accumulation by long-term holders, reduced exchange reserves and renewed institutional participation all support the scarcity narrative.
Q6: How should investors respond to such quotes?
Use them as one data point not the full strategy. Maintain diversification, check your investment horizon and avoid decisions based purely on bold predictions.