BIT Research: Bitcoin is wrapping up its correction

Analysts at BIT Research have described Bitcoin’s price movement since October 2025 as a three-wave correction following the A-B-C pattern. The first wave pushed the leading cryptocurrency down to the $ 60,000-$ 69,000 range, after which the market recovered to $ 80,000-$ 90,000 with a local high of around $ 83,000 in May. Currently, according to experts, the asset is in the final wave of the downtrend.

The $ 50,000−55,000 range is cited as the likely zone for the formation of the bottom. Analysts consider the realized price of Bitcoin, which currently stands at around $ 54,591, to be a key benchmark—a level that traditionally serves as an important support point during cyclical downturns.

A further signal pointing to the bottom approaching is the deterioration in investor sentiment. The Fear and Greed Index has returned to levels seen near the 2022 local low—this may indicate excessive market pessimism, which historically precedes a reversal.

Among macroeconomic factors, analysts highlight the slowdown in U.S. inflation. They cite 2022 as a parallel, when the easing of inflationary pressure coincided with the end of the previous bear cycle and served as a catalyst for the crypto market’s recovery.

Even after the market hits its lows, it will take time to confirm the reversal. According to BIT Research estimates, the formation of a sustained uptrend could take one to three months.

Earlier, analysts at K33 Research also pointed to the $ 60,000 range as a potential accumulation zone for Bitcoin. In their view, the current correction shows signs of a late-stage bear market and could lay the groundwork for a new growth cycle.