Michael Terpin, an early Bitcoin investor and known as the 'godfather of virtual assets,' predicted that Bitcoin's price has not yet bottomed out and is unlikely to break its all-time high this year. In a recent interview, Terpin analyzed that for a full bull market transition, the price must exceed the $100,000 mark, but currently, no clear support level is visible. Based on past cycles and the establishment of an $80,000 resistance level, he predicted that a bottom is likely to form around the $57,000 mark in October.
