'Crypto Godfather' says bitcoin has not reached its bottom and a new all-time high is off the table for 2026
Burns Brief
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 Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
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.
Key Takeaways
- 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