When will the Bitcoin bear market bottom at $45K? How will it happen? Who’s most likely to be sacrificed? How should we respond? Why is $45K the true bottom price for this bear market? — Here’s the core deduction based on the three-dimensional system: - Macro Fibonacci 0.382 retracement level: $42,500-$45,000. - Weekly head-and-shoulders 1.618 oversold target: $45,000-$50,000. - On-chain valuation: MVRV needs to drop to 1.0-1.2 (corresponding to about 10-20% below $54,000), 30-35% below miners’ shutdown price (corresponding to $45,000-$50,000), realized price is around $55,000, and bear market bottoms usually trade below this level. Check out the in-depth analysis in the article below