CoinTelegraph
eToro founder Yoni Assia said Bitcoin could face one more pullback before its next sustained rally takes shape in 2027, in remarks delivered at the TOKEN2049 conference. Assia framed the coming consolidation as a setup rather than a regime change for the asset's longer-term trajectory.
The interview lands against a backdrop of a maturing institutional bid and a post-ETF derivatives layer that has shifted how large allocators express directional views on BTC. A pullback thesis here reads less like a near-term call and more like a recalibration window, with the 2027 horizon anchoring the structural case.
No specific price levels or drawdown magnitudes were disclosed in the released excerpt. The full conversation is available on eToro's YouTube channel.
Source: [Another Crash Before the 2027 Crypto Rally? eToro CEO Explains — YouTube](https://www.youtube.com/watch?v=pXY79WrJ814)
Frequently asked questions
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What did Yoni Assia say about Bitcoin at TOKEN2049?
He suggested Bitcoin could face one more pullback before a sustained rally takes shape in 2027, framing the path through that horizon rather than targeting a specific level.
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When does Assia expect the next Bitcoin rally to begin?
He anchors the next sustained rally thesis to 2027, lining the view up with the post-halving supply cycle that has historically preceded multi-quarter runs.
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Did Assia give a Bitcoin price target?
No specific price levels or drawdown magnitudes were disclosed in the released excerpt of the interview. The framing was directional rather than price-pointed.
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What context did the TOKEN2049 interview reference?
The remarks landed at TOKEN2049 against a maturing institutional backdrop, including spot Bitcoin ETFs and an expanding derivatives layer that has changed how large allocators express directional views on BTC.
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How does Assia's 2027 framing fit the Bitcoin halving cycle?
A 2027 horizon puts the rally thesis inside the next post-halving window, when programmatic supply pressure eases and the institutional bid has additional time to deepen.
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