Chinese mining figure Jiang Zhuoer has reportedly issued a bearish cycle forecast for Bitcoin, arguing that BTC may not find its final bear-market bottom until late 2026 in the $42,000 to $44,000 range. TL;DR Jiang Zhuoer reportedly expects Bitcoin to bottom between $42,000 and $44,000. The forecast places the potential bottom between October and December 2026. His analysis reportedly uses Strategy’s mNAV and prior cycle timing as part of the framework. A Miner’s Bear-Market Framework Jiang Zhuoer is not making a short-term trading call in the usual sense. The forecast is a cycle view, reportedly based on a combination of market valuation, miner-cycle experience, and Strategy’s Bitcoin -linked market premium. He argues that BTC may still need several months before reaching a final bear-market low. The projected $42,000 to $44,000 zone would imply further downside from current levels and would likely require continued weakness in risk assets, institutional flows...
crtypto & forex news
In the fast-paced world of cryptocurrency and forex trading, staying updated with the latest market trends, price movements, and expert analysis is essential. Crtypto & Forex News is dedicated to providing traders, investors, and financial enthusiasts with accurate, timely, and in-depth news on the ever-evolving markets of crypto and forex.