Has Bitcoin Hit Bottom? Expert Says Yes, But Others Disagree

Has Bitcoin already hit its lowest point, or is more pain coming? That's the big debate among crypto experts right now, and they don't agree.

Samson Mow, a well-known Bitcoin supporter who once predicted the price would reach $1 million, says the "bottom is in." In simple terms, this means he believes Bitcoin's price has stopped falling and won't drop much lower from here.

His argument is based on something called the "halving cycle." Roughly every four years, the reward that Bitcoin miners (the people who run powerful computers to keep the network working) receive is cut in half. This event, called the "halving," has historically affected Bitcoin's price in repeating patterns.

Mow believes this four-year pattern has sped up. He points out that Bitcoin hit a record high (its highest price ever, called an "all-time high" or ATH) 37 days *before* the April 2024 halving. Normally, the big price rise comes *after* the halving, so to Mow, this proves the old timing rules no longer apply.

But not everyone agrees. Several analysts think Bitcoin could still drop further. They point to technical signals such as:

• A "bear cross" — when a short-term price average drops below a long-term one, often seen as a warning sign.
• The 200-week moving average — a line that shows the average price over the past 200 weeks, used to spot long-term trends.

• Some experts see limited downside (not much more falling).
• Others predict Bitcoin could drop into the $40,000 to $55,000 range later this year before truly hitting bottom.

The takeaway: Nobody knows for certain where Bitcoin's price is headed. Mow is optimistic, but his view is just one opinion. Beginners should remember that crypto is highly unpredictable, and even experts strongly disagree.

This is an AI-generated summary. Read the original article at: https://www.coindesk.com/markets/2026/06/28/samson-mow-says-bitcoin-bottom-is-in-but-analysts-remain-divided