Jiang Zhuoer Revises Bearish Forecast on Bitcoin's Future
Chinese crypto miner Jiang Zhuoer has revised his forecast for Bitcoin's future. Initially bearish on 2026, he now believes that the bear market has ended and is 90% confident in this prediction.
Jiang Zhuoer made headlines when he bought back Ethereum at $2,100 after selling it earlier, only to sell half of his ETH at $2,525. He has managed risk with stop-losses and keeps 20-30% of his capital undeployed, ready to buy more ETH if Bitcoin dips to $67,000-$72,000.
The market rebound is supported by strong Ethereum performance, $1.6 billion inflows into U.S. spot Bitcoin ETFs, and liquidity improvements, signaling a shift from forced liquidations to genuine demand.