Michael Terpin, founder of Transform Ventures, has warned that Bitcoin's price could fall by an additional 30%, potentially dropping to around $43,500 before the cryptocurrency market finds a bottom. This outlook suggests more downside risk for Bitcoin investors amid ongoing market volatility.
According to CoinTelegraph, Terpin's assessment highlights the possibility that Bitcoin has not yet reached its lowest point in the current cycle. Investors should be prepared for further price corrections before stabilization occurs.
For Japanese markets, where retail and institutional interest in cryptocurrencies remains strong, such potential declines could impact trading volumes and risk appetite in FX and equities linked to crypto sentiment.