Forget $80k: Michael Terpin warns bitcoin could revisit the $40,000s before a real recovery

Terpin argued that bitcoin’s post-halving bubble followed its typical arc and says history suggests the market may still face another wave of pain. What to know : Michael Terpin says the bull market peak came in the fourth quarter after the halving, in line with prior cycles. While dismissing $80,000 and $60,000 bottom calls as premature, he sees the potential for bitcoin to revisit the $50,000s or even $40,000s in a fragile market.