Grayscale’s $58K Bitcoin Bottom Call Comes With a Three-Part Test $BTC is back above $76K, roughly 31% above the late-June low near $58K but still about 39% below its $126K record high. Grayscale Head of Research Zach Pandl says that June low remains his call for the bottom of the current bear-market phase. His case is not built around one indicator. Grayscale is looking at Bitcoin through three separate questions: Structural trend: Is long-term digital-asset adoption still advancing? Pandl says yes, with Bitcoin’s scarcity remaining part of the thesis. Market cycle: Has the major bear phase already played out? Grayscale’s answer is again yes, based on the move through the $58K low and subsequent recovery. Macro backdrop: Are broader conditions supportive enough for renewed allocation? Pandl says this third box has now also cleared the firm’s threshold. That makes the $58K level more than a retrospective price call. Grayscale is effectively arguing that Bitcoin’s recovery now has support from structure + cycle + macro at the same time — the combination behind its decision to tell clients the allocation backdrop has improved. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Ad #BTC