Sorry everyone, Bitcoin is headed down to $43,500: Michael Terpin
CoinTelegraph·
60-second summary
Michael Terpin, founder of Transform Ventures, warns that Bitcoin may still have a 30% downside from its current price, potentially falling to $43,500. This prediction suggests a significant drop in value, which could impact investor confidence and market stability. The crypto market is closely watching Bitcoin's price movement, awaiting a clear sign of a bottom.
Transform Ventures founder Michael Terpin says Bitcoin could have another 30% downside from its current price before he is confident the market has reached a bottom.