Bitcoin Bear Market May Bottom in Q4 2026 at $42K-$44K, Litbit Founder Says as mNAV Hits 0.72

BTC-1.26%
According to BlockBeats on June 25, Litbit Mining Pool founder Jiang Zhuoer stated that the mNAV metric has dropped to 0.72, nearing the 0.7 low reached in May 2022 during the previous bear cycle. Based on the mNAV indicator typically leading Bitcoin price bottoms by approximately six months, combined with the four-year cycle model and declining volatility patterns, Jiang predicts the current bitcoin bear market will bottom between October and December 2026 at a target price range of $42,000 to $44,000.
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