Jiang Zhuoer Predicts Bitcoin Bear Market Bottom in Late 2026 at $42,000–$44,000

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Jiang Zhuoer, founder of LexFi Mining Pool, highlighted market cycles in a recent analysis, noting that the current Strategy mNAV has fallen to 0.72, nearing the 0.7 level observed in May 2022. He believes the current mNAV is near the bottom of the cycle. Based on the four-year cycle and volatility model, he anticipates the Bitcoin bear market to reach its low point between October and December 2026, with a price range of $42,000 to $44,000. Jiang remains focused on short-term selling and shorting, planning to transition to buying once the anticipated bottom is reached. Market trends suggest a long-term buying opportunity lies ahead.

BlockBeats news, on June 25, Jiang Zhuo'er, founder of BitClub Mining Pool, posted that Strategy's mNAV has fallen to 0.72, nearing the low of 0.7 reached in May 2022 during the previous bear market. Judging from recent market sentiment events such as STRC's de-pegging, the current mNAV is likely at the bottom of this cycle.


mNAV typically leads Bitcoin's price bottom by approximately six months. Based on the "four-year cycle" and decreasing volatility model, this Bitcoin bear market may bottom between October and December 2026, with a target price range of $42,000 to $44,000.


Jiang Zhuo'er stated that his recent medium- to short-term strategy remains focused on selling spot assets and shorting, with plans to shift to buying spot and going long once the expected bottom is reached.

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