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CoinDesk·3 min read·medium

Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says

S
Shaurya Malwa
Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says
AI Summary

A prominent Bitcoin miner predicts that Bitcoin could fall another 30% to approximately $44,000 by late 2026. The forecast is based on market sentiment regarding MicroStrategy's net asset value and historical four-year price cycles.

Why it matters

Cryptocurrency market volatility remains a significant concern for institutional and retail investors alike.

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The forecast, made in Chinese on X, puts the low some 30% below bitcoin s current level near $60,700, and rests less on the cryptocurrency s performance than on Strategy, the largest corporate holder of the token, according to an automated translation.

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businesscryptotechnology
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 70%

The article reports on a specific analyst's prediction while providing context on the methodology used.

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