CryptoQuant Analyst Claims 'Frightening Scenario and Simultaneously Promising Signal for Bitcoin' Reveals Ultimate Bottom Point! Here Are the Details
Bitcoin, the leading cryptocurrency, entered a bear market after hitting a historic high of $126,000 in October 2025 and has since fallen over 50%. As BTC recently dropped to around $57,000, opinions diverge on whether the bottom has been reached, with some expecting a drop closer to $50,000.
According to a pseudonymous CryptoQuant analyst, the Bitcoin bear market may be nearing its end. The analyst notes that as selling pressure following the all-time high weakens, price corrections are becoming shorter and recovery periods more substantial. The July decline was only slightly below lows seen in early February, and BTC has remained relatively stable around $60,000 since, indicating diminished seller influence.
Positive technical signals are also cited, with MACD and RSI showing bullish signals, positive divergences, and oversold conditions, collectively suggesting a potential bottom formation for BTC.
However, the analyst does not rule out a final sell-off in the short term. They suggest the ultimate market bottom could be around $51,336, corresponding to the 61.8% Fibonacci retracement level. The $50,000 area is highlighted as a crucial historical support zone, aligning with the average investor cost basis and the 200-week moving average—conditions similar to bottoms in previous bear markets.
*This is not investment advice.
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