Bitcoin (BTC) is far from recovery and the bad news does not seem to stop. According to Chinese Bitcoin (BTC) miner Jiang Zhuoer, the Bitcoin’s price could fall to somewhere between $42,000 and $44,000 by the end of 2026. Zhuoer sites Strategy’s falling mNAV ((Market-to-Net Asset Value) as a factor. The world’s largest BTC holder’s mNAV is down to 0.72, nearing its 2022 low of 0.7. BTC’s price had fallen to the $15,000 price level in 2022. Are we in for another bloodbath in 2026?
Will Bitcoin’s Price Fall To A New Low In 2026?
Bitcoin (BTC) entered it bearish phase in October of 2025, soon after hitting a new peak of $126,080. Increased macroeconomic uncertainties and geopolitical tensions led to an exodus of investors. The market took another hit in February 2026 after the US-Iran conflict.
Bitcoin (BTC) faced another dip earlier this month after inflation in the US climbed to 4.2% in May 2026. With doubts over the peace deal between the US and Iran, there is a chance that crude oil prices will spike in the coming days. Rising oil prices will likely further strain the economy. The Federal Reserve decided to keep interest rates unchanged after its latest meeting. Many anticipate the Federal Reserve to raise rates twice later this year. A rate hike could lead to another correction for Bitcoin (BTC).
Also Read: Bitcoin Crashes, Finds Support At $59,000: What Next For BTC?
Anthony Scaramucci, on the other hand, believes Bitcoin (BTC) is already at its bottom. Scaramucci anticipates BTC to gain some traction in the coming months, prediction the asset to hit $70,000 next month.
The CLARITY Act may also pass into law sometime this year. The legislation will bring additional regulatory clarity for the crypto space. Such a development could raise investor confidence. Bitcoin (BTC) could see some relief under such circumstances.