Michael Terpin Predicts Bitcoin Supercycle and $120K Price Target

Transform Ventures CEO Michael Terpin stated that the bear market has concluded and the "Bitcoin winter" recovery phase is underway. He projects Bitcoin could reach $120,000 by late next year and suggests that the 2028-2029 period may see a significant alignment of presidential and stock market cycles. Terpin also anticipates a future altcoin supercycle and a potential million-dollar Bitcoin price. Additionally, GSR Managing Director Andy Baehr discussed the role of fixed income in driving the mainstream adoption of tokenization.