Bitcoin's Bear Market Signals Are Flashing—But Nobody Agrees What They Mean

⚡ Key Takeaways

• Bitcoin supply in profit (11.2M BTC) is nearing bear market lows (9M BTC in 2022), but supply in loss (8.2M) hasn't reached 2022's depths (10.6M), suggesting capitulation may not be complete. 𝕏
• Analysts disagree sharply: some see undervaluation opportunity, others argue this is just market stress with $55,000 as a potential structural bottom—meaning more downside ahead. 𝕏
• The strong US dollar and high interest rates are creating a hostile macro environment for Bitcoin, with relief unlikely until rates fall in late 2026 or later. 𝕏