Michael Terpin predicts that Bitcoin may fall back to the $40,000 range
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Michael Terpin stated that the post-halving bitcoin bubble follows a typical cycle, and historical data shows that the market may still face a new round of pressure. He believes that the bull market peak appears in the fourth quarter after the halving, which is consistent with previous cycles. He also thinks that it is too early to predict a bitcoin bottom at $80,000 or $60,000, and that it may fall back to the $50,000 or even $40,000 range.
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