Is the bear market finally over? Our analysis and scenarios

Is Bitcoin nearing the end of its bear market after eight months of correction and a return to the $60,000 area? Between spot Bitcoin ETF capitulation, whale accumulation, extreme market pessimism and technical signs of recovery, several elements lead us to believe that BTC could be entering a new phase. In this analysis, we detail our Bitcoin scenario for 2026, the key levels to watch and why the risk/reward ratio is becoming particularly attractive again.