xiyu|Aug 20, 2026 04:09
If this Bitcoin bear market really ends at $60K, it’s definitely unexpected, but it doesn’t feel cold enough yet.
$60K still feels like a high price for many. People say they’re waiting for a reversal, but deep down, they’re waiting for $50K, $40K, or a drop so brutal that no one can take it anymore. But the market might just refuse to give that comfortable buying point and take off directly from a price most people think is too expensive.
This kind of bottom won’t leave people in despair—it’ll just keep them hesitating. By the time everyone finally believes the bear market is over, the first wave of the rally might already be gone, leaving more people behind.
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