Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says (opens original article in a new tab)
A prominent Chinese Bitcoin miner predicts the cryptocurrency will fall to $42,000-$44,000 by the end of 2026, citing market indicators and a four-year cycle model.
- Jiang Zhuoer, a prominent Chinese bitcoin miner, predicts Bitcoin will drop to $42,000-$44,000 by Q4 2026.
- The prediction is based on Strategy's market net asset value (mNAV) reaching near 2022 cycle lows and a four-year Bitcoin cycle model.
- Bitcoin is currently near $60,700, with the predicted low 30% lower than the current level.
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