Bitcoin Price Prediction: Michael Terpin Warns of Potential Drop to $40K Before Recovery

Prominent crypto investor Michael Terpin has issued a cautious warning for Bitcoin (BTC), suggesting the leading cryptocurrency could experience a significant correction. Contrary to optimistic forecasts targeting $80,000, Terpin speculates that Bitcoin's price might first revisit the $40,000 range before establishing a foundation for a genuine bullish recovery. This analysis highlights ongoing market volatility and underscores the importance of risk assessment for traders and long-term holders. The sentiment reflects a bearish short-term outlook amid broader discussions about Bitcoin's market cycle and future price trajectory.