Crypto
Crypto veteran says bitcoin unlikely to hit new high in 2026, sees true bottom at $50,000
Bitcoin’s bottom has not yet been confirmed and setting a new record high this year may not be easy, some analysts said. Early bitcoin investor Michael Terpin said bitcoin could fall to around $57,000 in October before forming a bottom, calling the market still bearish. Others see the February low near $60,000 as the bottom, while some experts also warn a final capitulation may still be ahead.
