Bitcoin Prediction from the Founder of BTC.top: The Bottom Could Be in This Price Range!

Amidst the ongoing uncertainty in the cryptocurrency market, a noteworthy assessment came from Jiang Zhuoer, the founder of the China-based Bitcoin mining pool BTC.top. The experienced industry figure predicted that Bitcoin (BTC) will bottom out in the fourth quarter of 2025 during the current bear market, potentially falling to between $42,000 and $44,000.

Jiang Zhuoer, in his analysis, specifically highlighted Strategy’s (STR) adjusted net asset value ratio, known as “mNAV.” According to him, this ratio has recently fallen to 0.72, quite close to the 0.70 level seen at the bear market bottom in May 2022. The analyst stated that current data indicates that the mNAV indicator has entered a bottom formation zone in this market cycle.

Zhuoer stated that the mNAV ratio has historically signaled Bitcoin price dips approximately six months in advance. Using a four-year market cycle model and a volatility reduction approach, the analyst argued that there is a high probability that Bitcoin will bottom out around $40,000 in the October-December period.

Zhuoer, also commenting on his market strategy, said he is maintaining his spot sales and short positions in the short term. However, he stated that he plans to change his strategy after the bottom he expects is reached, and at that stage, he aims to shift to spot purchases and long positions.

While Bitcoin has recently experienced volatile movements influenced by institutional demand, macroeconomic developments, and ETF activity, Zhuoer’s prediction attracted attention among market participants. However, analysts remind us that cryptocurrency markets are highly volatile and price movements may develop in directions different than expected.

*This is not investment advice.

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