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Bitcoin may dip to $48K-$60K by late 2026 before a bullish surge to $1M by 2033, says crypto expert Michael Terpin.

Market News
14 May 2026
Blockonomi
View Source
Neutral
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Michael Terpin, CEO of Transform Ventures and a noted Bitcoin advocate, predicts Bitcoin will face a short-term decline to between $48,000 and $60,000 by October 2026, citing market cycles tied to U.S. elections and institutional selling pressures. Despite this bearish near-term outlook, he expects strong support around $40,000 due to institutional accumulation and ETF demand. Terpin forecasts a major bullish cycle leading up to the 2028 U.S. presidential election, ultimately projecting Bitcoin could reach $1 million by 2033, aligning with other prominent investors' views. He also highlights artificial intelligence as a key emerging sector alongside Bitcoin.

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