Forget $80k: Michael Terpin warns bitcoin could revisit the $40,000s before a real recovery

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Michael Terpin warns that bitcoin may revisit the $40,000s before a real recovery, citing the typical post-halving bubble pattern and historical market trends.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Terpin argued that bitcoin’s post-halving bubble followed its typical arc and says history suggests the market may still face another wave of pain.

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Original article published by CoinDesk on February 12, 2026.
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