[Coinbase: 71% of Institutional Investors Believe Bitcoin is Undervalued in the $85,000 to $95,000 Range] According to a report by Cointelegraph, Coinbase stated in its 'Charting Crypto Q1 2026 Report' that among 75 institutional investors surveyed, approximately 71% believe that Bitcoin is undervalued when its price is in the $85,000 to $95,000 range. The survey was conducted from December last year to early January this year, during which Bitcoin's price was largely within this range. The report noted that since the significant market correction last October, cryptocurrency prices have continued to consolidate or decline, with Bitcoin currently down about 30% from its historical high at that time. Although market sentiment has not significantly improved, 80% of the surveyed institutions indicated that if the market were to drop another 10%, they would choose to hold or increase their cryptocurrency holdings, demonstrating long-term confidence. Meanwhile, the prices of traditional safe-haven assets such as gold and silver have risen significantly. The report suggests that despite uncertainties such as geopolitical factors, the U.S. economy remains fundamentally strong, and market expectations that the Federal Reserve may implement two rate cuts in 2026 could provide further support for risk assets like crypto assets.