The bitcoin price forecast drawing attention this weekend rests on a striking but limited comparison: BTC has dropped by roughly 18% to 19% in the 50 days before Anthropic’s planned Nasdaq de
The bitcoin price forecast drawing attention this weekend rests on a striking but limited comparison: BTC has dropped by roughly 18% to 19% in the 50 days before Anthropic’s planned Nasdaq debut, similar to its decline before SpaceX went public. Strive CEO Matt Cole says a repeat of the post-SpaceX rebound could put Bitcoin near $90,000 by late February 2027, but that outcome is a scenario, not a reliable prediction.
Bitcoin’s weakness comes as investors prepare for a major AI company listing, while broader market selling and other crypto-specific pressures offer competing explanations for the move. The Anthropic IPO is scheduled for November 19, according to U.Today’s November 15 report.
Anthropic's preliminary filing outlined proposed shares and a price range.
The parallel is about timing and scale, not proof that IPO demand caused Bitcoin’s decline. U.Today describes the pre-Anthropic drop as around 19%. Cole’s comparison, reported by CoinDesk, puts it at 18%, against a 19% fall in the 50 days before SpaceX’s listing. The reports therefore give slightly different estimates.
Anthropic’s proposed offering is unusually large. U.Today said it could raise up to $64.4 billion and put the company’s value near $1.4 trillion at the top of the range. The preliminary prospectus also disclosed a concurrent $26 billion private placement involving AMD, Broadcom, Google, Micron, Microsoft, Nvidia and TSMC Partners.
One rotation theory is that investors may be selling liquid holdings to fund IPO allocations. The bitcoin price forecast based on the SpaceX comparison depends partly on that theory being relevant to the current market, but the available reporting does not establish a direct cause.
Market weakness has also spread beyond Bitcoin. CoinGecko’s November 15 snapshot at 15:13 UTC put Ethereum at $1,806.50, down 18.96% over seven days. Alternative.me’s Crypto Fear & Greed Index stood at 10, classified as Extreme Fear, on November 15.
Fundstrat managing partner Tom Lee described the drawdown as a temporary rotation into large IPOs, according to U.Today. Xapo Bank CEO Seamus Rocca told CoinDesk that Anthropic’s subscription books had six times more orders than available shares. He suggested investors could be selling liquid assets such as Bitcoin to fund allocations, but that is an explanation, not verified evidence of what caused the sell-off.
Other views point to broader risk reduction, rising short positions and outflows from BlackRock’s IBIT. CoinDesk also reported that Mark Connors saw no direct link between Nvidia-related developments and Bitcoin. And some social media users challenged the IPO explanation, blaming Binance selling instead, U.Today reported. That claim was not confirmed in the available reporting.
The price snapshot underlines the immediate risk: at $64,625, BTC was within the $62,081 to $66,005 24-hour range listed by CoinGecko at 15:13 UTC. The bitcoin price forecast is therefore set against recent declines, not a confirmed market bottom. CoinGecko’s snapshot also showed BTC down 1.58% over 24 hours and 14.46% over seven days.
Commentators disagree on what is driving Bitcoin's decline.
After SpaceX’s listing, Bitcoin fell for another 18 days, then rose to 28% above its listing-day close by day 100, U.Today reported. Cole’s bitcoin price forecast applies that past sequence to Anthropic and estimates a move near $90,000 by late February. But one historical episode cannot establish that the same pattern will recur, especially when market conditions and the mix of investors may differ.
Investors will be watching whether Anthropic’s listing proceeds on the proposed terms, whether Bitcoin stabilizes after the weekend slide, and whether the reported rotation into IPO shares is supported by further evidence. A failed rebound or continued risk reduction would weaken the analogy. Crypto prices remain volatile, and Bitcoin could continue to fall; the historical comparison does not rule out further losses.
None of these comparisons removes the possibility of further declines, and the $90,000 scenario should not be treated as a promise or financial advice.
The historical IPO comparison remains uncertain as markets move.
Strive CEO Matt Cole’s historical comparison suggests Bitcoin could approach $90,000 by late February if it follows the post-SpaceX pattern. It is a conditional forecast, not a confirmed outcome.
Some market commentators point to investors selling liquid assets to fund IPO allocations. CoinDesk also cited broader risk reduction, rising short positions and IBIT outflows. No single cause has been confirmed.
U.Today reported that Anthropic plans to begin trading on Nasdaq under ticker ANT on November 19, 2026. Its preliminary prospectus says the proposed offering remains subject to completion.
This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile; always do your own research before investing.
Read More:Bitcoin Price Forecast: Could BTC Reach $90,000 by February?">Bitcoin Price Forecast: Could BTC Reach $90,000 by February?
