🚨 Veteran miner Jiang Zhuoer warns Bitcoin may not bottom until Q4 2026, projecting a potential drop to $42K–$44K.


⛏️ Strategy’s mNAV ratio is nearing levels seen before the 2022 market bottom, while miner profitability continues to weaken.
📉 Mining revenue has fallen sharply, 20% of miners are reportedly unprofitable, and public miners sold 32K+ BTC in Q1.
BTC-2.74%
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