Bitcoin's Final Stand: One Last Drop Before Bear Market End?

Bitcoin's recent rebound has stalled below $64,600, leaving room for another decline toward its immediate support zone. According to analyst Kaz, a final drop into the $49,000-$59,000 area could mark the end of the bear market.

The chart suggests that Bitcoin may consolidate within this range and possibly form one more lower move before beginning a broader recovery. Holding above roughly $49,300 would preserve the recovery scenario, while a sustained breakdown below this level would weaken the bottoming thesis.

A return toward the previous all-time-high region near $125,000 is seen as a significant milestone, followed by a possible pullback toward $100,000 and then another advance. However, the final upside projection places BTC inside a broad $160,000-$180,000 selling zone, which should be treated as a possible scenario rather than a forecast.