🔗 Crypto & Blockchain

CryptoQuant's Onchain Data Flags Bitcoin's $55K Floor in Late 2026

Bitcoin's MVRV Z-score is cooling fast, but not cold enough yet. CryptoQuant eyes $55K as the floor by late 2026 – a marathon to the true bear bottom.

Bitcoin price chart with MVRV Z-score projection targeting $55K bottom in 2026

⚡ Key Takeaways

  • Bitcoin's MVRV Z-score must hit below zero for the next 'iron bottom' at $55K-$60K by late 2026. 𝕏
  • Expect a two-year accumulation phase post-bottom, peaking in late 2029 after 2028 halving. 𝕏
  • Onchain data shows bear market halfway done – more washout ahead before rebound. 𝕏
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Originally reported by Cointelegraph

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