The total value of virtual assets held by South Korean investors plummeted by 
over $41 billion in roughly one year, according to Bank of Korea data. Massive 
Capital Migration to Stocks The value of virtual assets held by domestic 
investors in South Korea has plummeted by more than $41 billion (60 trillion 
won) over the […]

South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks

A crypto analyst has laid out a bold Bitcoin price forecast for the next three 
years, predicting an ultimate target above $200,000 by 2028. In the analysis, 
he outlines several key catalysts expected to drive BTC toward these projected 
milestones each year. These catalysts include a range of driving forces such 
as macroeconomic shifts, institutional accumulation, and even an anticipated 
AI-driven economic boom. Bitcoin Price Forecast For 2026 And 2027 DANNY, a 
crypto analyst, has shared his Bitcoin price outlook from 2026 to 2028, 
outlining a bullish roadmap to a price peak above $280,000. However, before 
that peak materializes, he projects a significantly more bearish near-term 
picture for Bitcoin in 2026. Contrary to the widespread speculation that 
Bitcoin may have entered a new bull trend and is on its way to new all-time 
highs, DANNY predicts that BTC’s price could still crash meaningfully from 
current levels. He expects Bitcoin to drop down to $52,000, representing a 
more than 35% decline from its current price above $80,500. This figure would 
also push BTC well below its post-ATH support floor of $60,000, the lowest 
level it has traded at since rising above $126,000 in October 2025. Related 
Reading: Bollinger Bands Creator Has Just Gone All In On Bitcoin, Is $100,000 
Next? Notably, DANNY has outlined several macroeconomic catalysts he believes 
will drive this projected correction. First, he points to the S&amp;P 500 
declining toward the 5,800 level, which could weigh on risk sentiment broadly 
and likely drag crypto markets lower alongside equities. He also believes oil 
prices will remain elevated, staying above $110 a barrel for at least two 
quarters before any meaningful retreat. Furthermore, DANNY predicts that the 
first G7 nation could officially enter a major technical recession during this 
period, a development that could also fuel risk-off sentiment and widespread 
selling pressure in the crypto and traditional markets. Lastly, for 2026, the 
analyst projects that a Federal Reserve Chair transition could trigger the 
most volatile quarter in the crypto and financial sectors in a decade. Current 
Fed Chair Jerome Powell is set to step down after serving two four-year terms, 
with Kevin Warsh succeeding the position, nominated by US President Donald 
Trump. Moving on to his 2027 forecast, DANNY did not project any specific 
price target for the year. Instead, he outlined a series of macroeconomic 
shifts he believes will quietly lay the groundwork for Bitcoin’s potential 
surge above $280,000. Firstly, he predicts that a Fed pivot, with three rate 
cuts in 12 months, could happen. Additionally, he expects Bitcoin to reach a 
true market bottom in Q1 2027 and then double its price by Q4. On the currency 
front, DANNY projects that the dollar’s role as the world’s reserve currency 
will become a mainstream media talking point in 2027. He also projects that 
real estate will crash in at least two major US cities. Finally, he said that 
people who bought BTC during his projected 2026 crash will go completely 
silent on social media, suggesting quiet accumulation. Bitcoin’s Bullish 
Roadmap Above $280,000 In 2028 According to DANNY, 2028 is set to become 
Bitcoin’s most historic year yet. He projects an explosive price surge above 
$280,000, representing an increase of more than 120% from BTC’s current ATH 
above $126,000. By this year, the analyst expects a few key things to happen. 
He predicts that the S&amp;P 500 will begin rallying explosively, reaching a high 
of 9,500. Related Reading: If The Bitcoin Price Crosses $400,000, Will The 
Solana Price Reach $1,500? The analyst also projects that the Fed balance 
sheet could hit $12 trillion, suggesting a return to large-scale quantitative 
easing and a fresh flood of liquidity into the market. At the same time, he 
anticipates a major AI boom that may begin to show up in actual GDP numbers. 
Finally, he predicts that the investors who bought BTC in 2026 and went silent 
in 2027 will become the new 2017 Bitcoin legends. Featured image from Pixabay, 
chart from Tradingview.com

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South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks

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