Odaily News Michael Terpin, founder of Transform Ventures, said that BTC is unlikely to fall below $50,000 as the Bank of Japan said it would not raise interest rates further and the selling pressure from Jump Trading gradually subsided. Regardless of what happens in the next 60 days, the bull market will continue to move along the traditional four-year cycle line and achieve steady growth in October and November. If Donald Trump wins the US presidential election in November, BTC may even rise above $100,000. (Coindesk)