Gary Vaynerchuk Buys Bitcoin Below $70,000, Calls Pullback an Opportunity

Gary Vaynerchuk, CEO of VaynerMedia, said he is accumulating Bitcoin below $70,000 and described the current price range as an unexpected opportunity amid the pullback, speaking at a FOX Sports event. He cautioned that BTC could still decline toward $40,000 before any renewed uptrend, and added that his stance reflects decades of measured risk-taking and a view that Bitcoin looks less risky than in its early years. Bitcoin is trading at $66,755, about 47% below its $126,080 all-time high, and has fallen 3% over the past 24 hours and 27.2% month over month, CoinGecko data show. Analysts are tracking potential downside markers, with Ali Martinez identifying $52,040 as a possible bottom based on the −1.0 MVRV Pricing Band, while Bernstein maintains a $150,000 Bitcoin price target by the end of 2026 despite the recent correction.