Bitcoin Price Prediction: Is BTC Near a Bottom or Heading Toward $50K?

Bitcoin has fallen more than 50% from its recent cycle high, and market sentiment remains cautious. Several analysts believe BTC is still in a broader downtrend, while others see early signs of a possible bottom formation.

A sharp decline toward $50,000 followed by strong panic selling could signal a final capitulation phase.

Is Bitcoin Near the Bottom?

Bitcoin appears to be in a transition phase. Structural weaknesses remain, but conditions are building for a short-term rebound.

The true bottom may not depend on a single price level. Instead, it will likely form over time through consolidation, reduced selling pressure, and gradual absorption of supply.

For now, the key levels to watch are $54,900 and the $50,000 support zone.

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