Bitcoin has declined over $20,000 this year, with ETF outflows and miner revenue stress signaling a possible cycle bottom independent of a global recession. Major economic forecasts suggest a 2026 recession remains an unlikely scenario, allowing Bitcoin to bottom due to internal market mechanics such as forced selling and inventory transfer. The $49,000 to $52,000 price range is identified as a plausible bottom zone where buyer behavior may shift, even as equities continue to hit new highs.

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