Bitcoin price bottom predicted within 59 days, analysts say

Research firm K33 says Bitcoin may reach a market bottom within the next 59 days. Their analysis notes that more than half of all bitcoins are currently "under water," a condition known as "supply in loss" that historically precedes a bottom within 101 days. Forty‑two days have already passed since the 50 % threshold was crossed, and Bitcoin fell to just above $59,000 on June 5, setting a new low three weeks later. Although the price has recovered about 13 % in recent weeks, the downtrend is not considered over. A second on‑chain metric, realized‑cap variance, is also at the lowest 6 % of its historical range, reinforcing the bearish signal.

Another commentary cautions that the exact timing of Bitcoin’s bottom remains uncertain, with technical indicators showing mixed signals. It recommends a diversified entry strategy, such as dynamic dollar‑cost averaging, to mitigate the risk of mistiming the market and to stay exposed should the bottom form earlier than expected.