Bitcoin News Today: Scottie Pippen: Bitcoin's Future Lies in Study, Not Speculation

NBA legend Scottie Pippen has drawn attention for his recent advocacy of Bitcoin education amid the cryptocurrency's recent price volatility. Following a 2% decline in Bitcoin's value to approximately $104,630, Pippen posted the concise message "Study Bitcoin" on X, sparking renewed interest in his role as a crypto commentator. This follows his earlier bullish sentiment, including a May 2025 tweet declaring "Damn it feels good to be a Bitcoin BULL" NBA’s Scottie Pippen Bitcoin Tweet Goes Viral After BTC Price …^[1]. The timing of his latest post, coinciding with a market pullback, has been interpreted by some as a call for patience and deeper understanding of Bitcoin's fundamentals NBA’s Scottie Pippen Bitcoin Tweet Goes Viral After BTC Price …^[1].

Pippen's engagement with Bitcoin extends beyond social media. In a 2024 interview at the Cantor Crypto Conference, he recounted a controversial claim of meeting Bitcoin's pseudonymous creator, Satoshi Nakamoto, in a dream, during which Nakamoto reportedly predicted Bitcoin would reach $84,650 by November 5, 2024. The price surpassed this level in late 2024, though Pippen admitted he did not act on the prediction by purchasing additional Bitcoin . While skeptics dismissed the claim as a meme-worthy anecdote, it underscored the NBA star's growing influence in crypto discourse.

Analysts have drawn parallels between Pippen's approach and that of corporate Bitcoin advocates like Michael Saylor of MicroStrategy. Saylor's strategy, which involved 100 hours of intensive Bitcoin study leading to a firm-wide pivot in 2020, mirrors the educational emphasis in Pippen's recent message. This aligns with broader trends in Bitcoin literacy: a 2025 report notes that only 4% of the global population holds Bitcoin, with adoption concentrated in developed markets. Pippen's advocacy, alongside calls from figures like U.S. presidential candidate Vivek Ramaswamy for Bitcoin education in schools, highlights efforts to expand financial literacy in decentralized technologies NBA’s Scottie Pippen Bitcoin Tweet Goes Viral After BTC Price …^[1].

The market context for Pippen's statements remains volatile. After reaching an all-time high of $126,296 in October 2025, Bitcoin faced a sharp correction, dropping to $107,000 over three days. On-chain data revealed that long-term holders distributed 240,000 BTC in the preceding 30 days, a pattern often observed near market peaks. Despite this, analysts like Willy Woo noted that Bitcoin's underlying metrics, such as steady inflows into spot ETFs, suggest resilience NBA Legend Scottie Pippen Stays Positive After Bitcoin Falls^[2]. Pippen's message, encouraging investors to remain hopeful, resonated with many during this period of uncertainty.

Bitcoin's recent recovery to $113,828 in early October 2025 has raised questions about key support levels. Analysts warn that a drop below $100,000 could signal the end of the three-year bull cycle. Pippen's advocacy, however, reflects a long-term perspective: "Everyone is really trying to sort of get a grip around what the blockchain is really about and how you get involved, and you have to be ready to study it and understand it," he stated in a 2025 interview . This sentiment aligns with broader industry efforts to normalize crypto engagement through education and institutional adoption.