Michael Terpin, an early Bitcoin investor and known as the 'Godfather of Virtual Assets,' predicted that Bitcoin's price has not yet reached its bottom and is unlikely to break its all-time high within this year. In a recent interview, Terpin analyzed that for a full bullish market transition, the price needs to surpass 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 foresaw a high probability of the bottom forming around the $57,000 mark in October.
