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Bitcoin Bull Bobby Lee Warns Bitcoin Could Break Below Key $60,000 Level

Bloomberg Television | March 18, 2026



Ballet CEO Bobby Lee, one of bitcoin’s longest‑standing bulls, warns the cryptocurrency may face deeper downside, with the $60,000 zone emerging as a major liquidation risk for leveraged traders. Lee explains why recent volatility signals further weakness ahead and breaks down the impact of liquidation clusters and momentum selling. He also discusses bitcoin’s long‑term store‑of‑value case compared with gold and fiat currencies. He speaks with Paul Allen on Insight with Haslinda Amin.
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Written by Bloomberg Television

Comments

This post currently has 45 comments.

  1. @Leroy-w5x

    March 18, 2026 at 3:28 am

    As at Mar. 2026, Inflation, rents, healthcare costs and mortgages are bringing heat on Americans but BTC is holding key levels despite the heat. Led by Aaron Dishner, I have managed to stay ahead of the shrinking purchasing power and without unnecessary risks. This is the kind of motivation people need right now

  3. @ostrich9999

    March 18, 2026 at 3:28 am

    Q on Bitcoin : What is it for ? What does it do that the banking system cant ? It''s clearly not an alternative safe haven asset to FIAT currency or geo-political risk…WHAT THE HELL IS IT FOR ? This guy SAYLOR just whines and whines about how unbelievable bitcoin is, how the banking system will have to accept it, how it will compete with gold as a safe haven asset, how his company has discovered the "iphone moment" by TAKING ON DEBT TO BUY BITCOIN (Umm how are you going to fund the interest on an asset that yields nuthin if it doesn't rise in price?), how the long term collapse of all fiat currency is inevitable…Maaan when I cant sleep due to a mosquito I just put on THE DIGITAL MESSIAH…zzzzz in minutes !

  4. @laurafosci

    March 18, 2026 at 3:28 am

    After 15 years with BTC people is still asking the same questions. In 25 they will be still asking the same questions. Still explaining value and utility in 2050 they will be asking the same

  10. @rmondave

    March 18, 2026 at 3:28 am

    Paul Allen is too well paid as an anti bitcoin influencer 😅 Mr Lee very graciously school him and politely handled some very obviously biased questions 😅

  17. @brianpalmer967

    March 18, 2026 at 3:28 am

    I can't believe that the Bitcoin bros still resort to the same three talking points after all these years…

    Only 21 million.
    Can't be inflated away.
    Not controlled by any government.

    All of these are so vapid.

  25. @RoyReyes_9876

    March 18, 2026 at 3:28 am

    If you’re doing everything “right” and still going nowhere, read Smart Broke Dumb Rich by Zor Veyl. The book explains why effort without understanding leads to burnout.

  28. @BobbyKennethJohnson

    March 18, 2026 at 3:28 am

    GUYS… I really thought I understood money. Then I started reading Smart Broke Dumb Rich by Zor Veyl and halfway through the book I realized why everything I was taught never worked. This isn’t motivation. It’s explanation.

  30. @ricknam-l7y

    March 18, 2026 at 3:28 am

    If you love bitcoin the digital gold, you will also like litecoin (LTC) the digital silver. Litecoin's Proof of Work (PoW) c onsensus mechanism and fixed supply are the key features of its technology. Litecoin is permissionless money, the digital precious metal, even though ltc is not a fork of btc because ltc uses a different mining protocol. Litecoin is the oldest coin on the market after bitcoin, since its inception in 2011. Scarcity and fungibility of litecoin are the key feature of its technology. Litecoin (LTC) being a digital commodity provides a decent inflation hedge as well because there will be mined only a limited number of 84 million litecoins in total.

  31. @walteryoung50

    March 18, 2026 at 3:28 am

    I used to think people were exaggerating about this book. Then I read Smart Broke Dumb Rich by Zor Veyl myself. Now I get why it’s rarely talked about.

  32. @bobbyjohnson1992

    March 18, 2026 at 3:28 am

    If you’re doing everything “right” and still going nowhere, read Smart Broke Dumb Rich by Zor Veyl. The book explains why effort without understanding leads to burnout.

  35. @柊馬市川1984

    March 18, 2026 at 3:28 am

    I’ve read plenty of finance books. None of them hit like Smart Broke Dumb Rich by Zor Veyl. When you read it, you see why hard work alone keeps so many people stuck.

  36. @free2ufreefertilizer

    March 18, 2026 at 3:28 am

    I’ve renamed Bitcoin. I call it Titanic Coin.

    On the surface it looks massive, glamorous, and “unsinkable.”

    But underneath, it’s one of the most fragile financial ideas ever unleashed.

    Bitcoin isn’t backed by assets, revenue, or anything tangible.

    It’s a digital token that only exists as long as the power grid, the internet, the miners, the servers, and the exchanges all stay perfectly online. One major outage — technical, cyber, or even a natural event — and the whole thing freezes instantly. Try that with gold. You can’t. Gold doesn’t need electricity.

    People keep calling Bitcoin “digital gold,” but gold doesn’t disappear when the lights go out. Bitcoin does.

    And the idea that it’s “finite” is marketing, not physics. The limit exists because someone typed a number into software. Humans can change software. Scarcity you can rewrite isn’t scarcity — it’s a slogan.

    If folks want to gamble, that’s their choice. But let’s stop pretending this thing is a stable investment. It’s a high‑volatility, belief‑based asset that can swing 50% in a month. That’s not a retirement plan. That’s musical chairs with a blockchain.

    Call it what it is: Titanic Coin. Looks unsinkable. Sinks fast. good luck ! !

  40. @mikeymarriott

    March 18, 2026 at 3:28 am

    Bobby lee seems a little worried to me 😂😂😂😂 it seems like he needs the new buyers to come in and buy all the dead weight so he can cash out. He saying buy bitcoin while it’s down but yet he’s not buying more.

  42. @altariusETI

    March 18, 2026 at 3:28 am

    From a market structure perspective, how do you distinguish between moves driven by derivatives positioning versus changes in underlying spot liquidity conditions?

Comments are closed.

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