Bitcoin Miner Predicts Next Bear-Market Bottom at $42K-$44K

Jiang Zhuoer, a prominent Bitcoin miner, has forecasted that the cryptocurrency's next bear-market bottom could occur between October and December 2026 at prices ranging from $42,000 to $44,000.

This prediction is based on a long-term cycle model and the declining market net asset value (mNAV) of Strategy, a Bitcoin-related stock, which recently dropped to 0.72.

Jiang notes that this timing is more reliable than the exact price and highlights that the forecast is a market view, not a certainty, as Bitcoin's price can be influenced by various factors like liquidity, ETF flows, and macroeconomic events.