CryptoQuant predicts that Bitcoin may hit an 'iron bottom' by the end of 2026

Analysts from CryptoQuant, an on chain analysis platform, have stated that the next bear market for Bitcoin has not yet fully bottomed out, and an "iron bottom" may appear around December 2026, with a price range of $55000 to $60000. The analysis is based on multiple on chain indicators including MVRV Z-score. Although the current indicator has cooled down, it has not yet entered the negative range, and in history, every bear market "iron bottom" has been accompanied by MVRV Z-score falling below the zero axis.