Jiang Zhuoer Predicts Bitcoin Could Bottom in 2026
- Bitcoin Price Forecast: Jiang Zhuoer projects that Bitcoin could bottom between $42,000 and $44,000 in late 2026 based on cycle analysis, relying on Strategy's market net asset value (mNAV) metric, which has reached levels seen before the 2022 market bottom.
- mNAV Indicator Analysis: Jiang highlighted that Strategy's mNAV reading is currently at 0.72, close to the 0.7 level recorded on May 11, 2022, when Bitcoin traded near $31,017, before it fell to $15,476 on November 21, 2022, indicating a six-month lag between mNAV lows and Bitcoin price lows.
- Market Sentiment and Strategy: Jiang noted recent changes in market sentiment, including the decoupling of STRC, suggesting that the current mNAV range may represent a low zone for the metric itself, providing critical insights for future Bitcoin price movements.
- Mathematical Model Prediction: Beyond mNAV data, Jiang employed a long-term mathematical model to estimate Bitcoin's market cycles, predicting a bear-market bottom around October 31, 2026, near $44,016, prompting him to plan for reaccumulating Bitcoin near the projected low area.
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Technical Analysis for BASED
Technical Sentiment Analysis for Based (BASED). As of , Based (BASED) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BASED stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BASED is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Based (BASED) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0221 | 0.0432 | 0.0634 | 0.0845 | 0.105 | 0.126 | 0.146 |
| Fibonacci | 0.0432 | 0.0589 | 0.0687 | 0.0845 | 0.1 | 0.11 | 0.126 |
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