K33

Bitcoin may be nearing a bear market bottom, according to K33, as long-term holders now control a record 79% of circulating supply and historically low old-coin spending suggests persistent accumulation despite ongoing macroeconomic uncertainty.

Bitcoin’s price has steadied over the last month, suggesting the worst of the market turbulence may be behind us.

The Bitcoin price is approaching a multi-month bottom near $60,000 after a sharp multi-month decline from over $100,000.

K33 has launched a SEK 85 million share issue at a price of SEK 0.1036 per share.