Grayscale’s Pandl still sees bitcoin’s $58K low as the bottom, gives clients ‘green light’

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
Grayscale’s Pandl still sees bitcoin’s $58K low as the bottom, gives clients ‘green light’WorldPing
Image via The Block.

What happened

Grayscale's Zach Pandl maintains bitcoin bottomed near $58,000 as the firm gives clients a "green light" to allocate.

Key facts

  • Grayscale's Zach Pandl maintains bitcoin bottomed near $58,000 as the firm gives clients a "green light" to allocate.
  • Reported by The Block and published Thu, 17 Sep 2026 11:47:30 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. FCA Clears Crypto Rulebook, but UK Banks Can Still Block Transfers

  2. Optimism creeps back into crypto, with the 2022 test still to come

  3. Grayscale’s Pandl still sees bitcoin’s $58K low as the bottom, gives clients ‘green light’

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

Follow the story

Living hubs that keep updating as this story develops.

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Brief by WorldPing · Original reporting by Bitcoin.com