Bitcoin bear market not over? Trader sees BTC price ‘real bottom’ at $50K

Despite Bitcoin’s recent aggressive price action and significant recovery from its lows, influential market traders are cautioning that the true capitulation phase of the current cycle remains ahead. A prominent market analyst suggests that the prevailing optimism constitutes a relief rally within a larger downtrend, projecting that the ‘real bottom’ for BTC will likely materialize around the crucial $50,000 mark.

This bearish thesis fundamentally clashes with current sentiment, which has been buoyed by strong institutional ETF inflows. The argument for the $50,000 target rests heavily on historical market cycle patterns. Analysts argue that previous major cycles have required a final, severe flush-out of leveraged long positions and retail investors (the ‘weak hands’) before a sustainable floor is established.

The $50,000 level aligns with key institutional acquisition zones from late 2021 and early 2022, suggesting it would act as a highly significant psychological and technical retest zone. If Bitcoin fails to hold current support levels above $60,000, analysts believe the swift downside move to $50K becomes highly probable, signalling the definitive end of the preceding bull market structure.

Traders are advised to exercise extreme vigilance, noting that until critical on-chain metrics—such as the Realized Price—confirm widespread miner and long-term holder capitulation, the risk of a deep correction toward the projected $50,000 bottom remains a palpable threat to the market.

Source: Bitcoin bear market not over? Trader sees BTC price ‘real bottom’ at $50K