CryptoQuant Analyst: The model indicates that Bitcoin needs to drop to $59k before a mid- to long-term bottoming process begins

Golden Finance reports that CryptoQuant analyst Axel Adler Jr. posted on the X platform stating that the adjusted real-time price bands model, calibrated based on Bitcoin’s current circulating supply, shows that Bitcoin only begins a true medium- to long-term bottoming process when it drops to the key range of $59k. Bottoming is not a short-term process and will not be completed within one or two weeks; the baseline scenario estimates it will take approximately six months. Axel Adler Jr. emphasized that although Bitcoin has recently risen, the true driver of market stabilization is not emotional recovery or a partial rebound, but the return of long-term genuine demand. That is, when the market begins to reprice future value and spot buying continues to recover, the bottom may truly be established.