michaelterpin

Terpin the ‘Crypto Godfather’ on BTC – Not Ready for Bottom and ATH in 2026

Michael Terpin, BTC investor, claims that BTC has not formed its bottom yet and will not make an ATH in 2026. A correction down to ∼$57,000 is anticipated by October.

Bear Thesis of Terpin on BTC
* Lack of BTC bottom: “No BTC bottom until price breaks through $100,000 and no such support anywhere near materializing”
* Target price: BTC will reach bottom at $57,000 in October, like last year after BTC fell under $100K on October 10th
* Fall trend: Even despite a rise by 10+% in April, “we are definitely still in the Bitcoin fall”. BTC declines at high levels before capitulation are usual
* Rejection: BTC at $80,000 “strongly rejected yesterday in Asian session” due to high oil prices

Analyst Views Diverge
* Both see no bottom: Jason Fernandes of AdLunam believes BTC has not capitulated. “The formation of a durable bottom requires exhaustion of speculation leverage and macro uncertainty, neither of which are evident here yet.”
* When?: For Fernandes, “It’s just not there yet for extreme pessimism to kick in… might require one more dip.”
* Counterpoint: Mati Greenspan at Quantum Economics finds this view “overly bearish.” Points to institutional support: “There is still plenty of room for growth… new record highs are likely to occur soon enough.”
* Most analysts agree: The low for February’s bear market is at the ∼$60,000 mark. Helped by ETF buying interest and BTC stability despite Iran/oil conflict risks.

Macro ChallengesLiquidity:
* “The liquidity situation is tight, and markets have adjusted themselves to a higher-for-longer rate scenario,” noted Fernandes.
* Target of $100k mark: Symbolic rather than technical in nature. Bull run requires new highs along with money flows. But the $100K level can spur those developments.

#MichaelTerpin #BitcoinBottom #BTCPricePrediction #BitcoinBearCase

$BTC

Michael Terpin, known as "Crypto Godfather", predicted that Bitcoin is going to 57,000$ and unlikely to reach its highest price. Currently Bitcoin's price is at 76000$ and failed to reach 80,000$. What's your thought on it.
#StrategyBTCPurchase #BTC #MichaelTerpin #news_update

Breaking: SIM-Swap Scammer Sentenced to 12 Years for $20M Crypto Theft

🧑‍⚖️U.S. District Judge Alvin Hellerstein has extended Nicholas Truglia’s prison sentence to 12 years after he failed to repay $20.4 million in restitution.

🔓Truglia pleaded guilty in 2021 for his role in the SIM-swap scam targeting Transform Group CEO Michael Terpin. By tricking telecom staff to reassign Terpin’s number to a hacker-controlled SIM card, attackers accessed his crypto accounts.

💰Truglia was responsible for converting the stolen funds into @Bitcoin .

#SIMSwap #CryptoFraud #MichaelTerpin #Bitcoin #Web3

Bitcoin: After the capitulation at $60,000, an expert predicts a new shock

Although analysts agree that the capitulation of Bitcoin at $60,000 has ended, Michael Terpin, CEO of Transform Ventures, raises the alarm. According to him, BTC could plummet to $40,000 before a sustained recovery. Between optimism and fear, what will happen to Bitcoin in 2026?

Michael Terpin believes that Bitcoin could test $40,000 or $50,000 again before a sustained recovery, despite the capitulation signals at $60,000.

Historical Bitcoin halving cycles suggest a final "critical point" before a significant increase, as seen in 2012, 2016, and 2020.

Recent analyses suggest that Bitcoin has completed its capitulation phase around $60,000. However, Michael Terpin, in his speech at Consensus Hong Kong 2026, expressed a dissenting opinion. He believes that the market remains fragile and that a final critical point could occur before a true recovery. In this sense, he suggests a possible drop of BTC towards $40,000 or $50,000.

This divergence of opinions generates uncertainty among investors, who are torn between the hope for a rebound and the fear of a new correction. Therefore, predictions vary between $60,000 as a minimum and $40,000 as a critical level to watch. Each scenario carries distinct risks, making decision-making difficult for market participants.

Bitcoin's halving plays a fundamental role in the dynamics of the market cycle. Historically, this mechanism has preceded periods of significant growth, such as those in 2012, 2016, and 2020. In fact, after each halving, BTC experiences a gradual increase in value, reaching its maximum approximately one year later.

$BTC
$BCH
$BAT
#MichaelTerpin