The early bitcoin investor and author of Bitcoin Supercycle says bitcoin needs to drop to about $57,000 sometime in October before beginning its ascent. A market analyst disagrees. Michael Terpin, an early bitcoin investor and often called the 'Crypto Godfather,' argues that bitcoin has not yet bottomed and predicts a low near $57,000 in October, with no new all-time high likely this year. His view contrasts with analysts who see February’s roughly $60,000 low as the start of a new bu…
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