6.3 Bear Market Bottom Expectations 1. BTC plummeted yesterday to the dense consolidation zone around 60K. All indicators are oversold, so there might be a decent rebound in this area. 2. Judging by the trading volume, the capital inflow around 65K isn’t significant. Many people expect the bear market bottom to be between 50-60K, but my view is that the real bottom of the bear market is still far away—BTC starting with a 2 isn’t out of the question.