# Strive CEO Says Bitcoin Could Reach $90,000 by Late February 2027 if Pattern Repeats By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/57581 Published: 2026-11-15T00:32:12.000Z Updated: 2026-11-15T00:32:12.000Z Section: Investing > Bitcoin reached a low 18 days after SpaceX’s June 12 IPO, then stood 28% above its IPO-day close on day 100. Strive Chairman and CEO Matt Cole said Bitcoin could reach about $90,000 by late February 2027 if its price repeats the path that followed SpaceX’s June 12 IPO. Cole cited Bitcoin’s 19% decline in the 50 days before the IPO as part of the comparison. After the listing, Bitcoin reached a low on day 18, with its decline reaching as much as 25%. By day 100, it was 28% above its IPO-day close and 39% above its low. Cole said Bitcoin was near its 200-week moving average and that he remained positive on its technical and fundamental outlook for 2027. He cautioned that markets do not fully repeat past patterns. Cole had previously described the 200-week average as historically favorable in [comments on Bitcoin’s long-term price level](). ## Links in this article - [comments on Bitcoin’s long-term price level](https://www.tokenpost.com/news/business/56481)