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The leading cryptocurrency, Bitcoin (BTC), has risen above the $70,000 mark after the ceasefire agreement between the US and Iran. This growth fuels speculation that Bitcoin could reach $80,000 and higher, and CryptoQuant's analysis showed that the Bitcoin bear market is far from over, outlining timeframes for the next Bitcoin "bottom." According to new CryptoQuant analysis, Bitcoin may hit its bottom around $55,000 in the second half of 2026. In their latest analysis, CryptoQuant analysts examined the MVRV Z-score indicator for Bitcoin. According to their findings, for a trend reversal signal, the MVRV Z-score must match previous bear market lows. Historically, for the Z-score to signal that the bear market bottom has been reached, it must fall below zero and enter the negative zone.