Bitcoin Hovers Near Historical Bear-Market Bottom Zone at $45,000–$55,000

Bitcoin News wrote on X that several historical metrics suggest BTC selling may be nearing its final phase after a nearly 50% drawdown since October, with the MVRV Z Score around 0.38, support at the realized price near $54,000, and the 200-week moving average near $58,000. Bloomberg indicated this setup places a possible bear-market bottom range between $45,000 and $55,000, though a durable rebound would depend on fresh demand. Spot BTC ETFs have recorded more than $1.6 billion in inflows over the past month, with BlackRock's IBIT and VanEck's HODL among the main contributors, ChainCatcher data show.