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Transform Ventures founder Michael Terpin says Bitcoin could have another 30% downside from its current price before he is confident the market has reached a bottom.<\/p>\n
Bitcoin may have already erased half of its market cap, but veteran crypto investor Michael Terpin says the asset still has further to fall before hitting rock bottom.<\/p>\n
\u201cWe still have more pain to go,\u201d Terpin tells<\/a> Cointelegraph on the Trade Secrets show. Terpin believes that Bitcoin will ultimately fall \u201c66%\u201d from its October 2025 all-time high of $126,100. \u201cI think that brings us down into the 40s, and I think that\u2019s about where we\u2019re gonna go,\u201d Terpin says. <\/p>\n To be precise, a 66% drop from the ATH would see Bitcoin changing hands for $43,500, a price the asset has not seen since early February 2024. The 68-year-old investor, often referred to as the \u201cGodfather of Crypto,\u201d has seen Bitcoin plunge enough times to know what a true bottom feels like. <\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n