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🔮 #BTC Litbit Pool founder Jiang Zhu’er said that the current BTC bear market may bottom out between October and December 2026, with the price ranging from $42,000 to $44,000. He noted that Strategy’s average net asset value (mNAV) has fallen to 0.72, close to the 0.7 low seen during the previous transition from a bull market to a bear market in May 2022.
Jiang claims that reaching the mNAV bottom usually does not mean reaching the BTC bottom at the same time, noting that BTC hit its final low about six months after MSTR’s mNAV bottomed in the last cycle.