According to reports, Bitcoin is considered "deeply undervalued" yet continues to face a bear market. Experts suggest a significant rally may depend on long-term holders becoming exhausted and the entry of true institutional capital into the market. The development highlights the challenges Bitcoin faces in overcoming current market conditions and identifying potential catalysts for future growth. The analysis focuses on factors influencing Bitcoin's price and potential triggers for a market turnaround.

According to reports, Bitcoin is considered "deeply undervalued" yet continues to face a bear market. Experts suggest a significant rally may depend on long-term holders becoming exhausted and the entry of true institutional capital into the market. The development highlights the challenges Bitcoin faces in overcoming current market conditions and identifying potential catalysts for future growth. The analysis focuses on factors influencing Bitcoin's price and potential triggers for a market turnaround.