CryptoQuant: Bitcoin’s Final Bear Floor Near $55K

On chain analytics firm CryptoQuant estimates Bitcoin’s ultimate bear market bottom around $55,000, but warns that true bottoms take months to form, not a single capitulation event.

While realized losses spiked to $5.4B during the drop to $62,000, structural metrics suggest the cycle hasn’t fully reset. BTC remains over 25% above its realized price, a key historical bear market support. Monthly cumulative realized losses sit near 300,000 BTC, well below the 1.1 million BTC seen at the 2022 bottom.

#bitcoin #BTC #CryptoQuant #cryptofirst21