Bitcoin will bottom at $57,000 in October and will not see an all-time-high this year, says Michael Terpin
By Olivier Acuna
Published on April 28, 2026.
Bitcoin BTC ($76,045.02) is not yet reaching its bottom yet, according to Michael Terpin, an early bitcoin investor and author of Bitcoin Supercycle: How the Crypto Calendar Can Make You Rich. Terpin predicts that the price will bottom at $57,000 in October and will not see an all-time-high this year. This contradicts consensus among analysts that the February low around $60,000 marked the end of the bear market and the beginning of a new bull run. However, Jason Fernandes, a market analyst and co-founder of AdLunam, disagrees with Terpin's timeline, stating that the market may not have fully capitulated yet. He also suggested that market sentiment hasn't reached the level of extreme pessimism that typically marks cycle lows.
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