{"id":638916,"date":"2026-08-04T13:53:46","date_gmt":"2026-08-04T13:53:46","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/04\/sorry-everyone-bitcoin-is-headed-down-to-43500-michael-terpin\/"},"modified":"2026-08-04T13:53:46","modified_gmt":"2026-08-04T13:53:46","slug":"sorry-everyone-bitcoin-is-headed-down-to-43500-michael-terpin","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/04\/sorry-everyone-bitcoin-is-headed-down-to-43500-michael-terpin\/","title":{"rendered":"Sorry everyone, Bitcoin is headed down to $43,500: Michael Terpin"},"content":{"rendered":"

\"Sorry<\/p>\n

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.\u00a0<\/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.\u00a0<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

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. 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. \u201cWe […]<\/p>\n","protected":false},"author":1,"featured_media":638917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-638916","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/638916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=638916"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/638916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/638917"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=638916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=638916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=638916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}