【CryptoQuant Analyst: The Model Indicates This BTC Drop to $59,000 Marks the Start of a Long-Term Bottom】



CryptoQuant analyst Axel Adler Jr posted on the X platform that, based on the Adjusted Realized Price Bands model calibrated with Bitcoin’s current circulating supply, this round of Bitcoin dropping to the key $59,000 range is when the genuine long-term bottoming process is considered to have begun. Bottoming is not a short-term process and will not be completed within one to two weeks; the baseline scenario estimates it will take about 6 months.

Axel Adler Jr emphasized that although Bitcoin has seen some gains recently, the core factor that truly drives the market to stabilize is not a sentiment repair or a localized rebound, but the return of long-term real demand—that is, only when the market starts repricing future value again and spot buying continues to recover can the bottom potentially be firmly established.
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