DarkenBiz
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Transform Ventures CEO Michael Terpin believes that BTC could form a local bottom at ~$57,000 this fall in the current cycle.
According to him, the forecast is based on historical patterns: about 12 months typically pass between a market peak and bottom. This time, the countdown starts from the October 2025 high (~$126,000).
What's happening now:
โ the market is following a classic correction scenario after a strong rally
โ capital is being redistributed: some investors are taking profits, while new participants are just entering the market
๏ธ There are chances of a return to $100,000 this year, but they are low. This requires:
โ strong demand for the BTC ETF
โ continued buying
โ no mass liquidations during declines
Conclusion: the market is not yet in a growth phase, but rather in a redistribution and cooling phase.
According to him, the forecast is based on historical patterns: about 12 months typically pass between a market peak and bottom. This time, the countdown starts from the October 2025 high (~$126,000).
What's happening now:
โ the market is following a classic correction scenario after a strong rally
โ capital is being redistributed: some investors are taking profits, while new participants are just entering the market
๏ธ There are chances of a return to $100,000 this year, but they are low. This requires:โ strong demand for the BTC ETF
โ continued buying
โ no mass liquidations during declines
Conclusion: the market is not yet in a growth phase, but rather in a redistribution and cooling phase.
