Bitcoin’s price has been experiencing significant volatility, but historical analysis suggests a potential bear market bottom near the $45,000 level. This is based on the 4-year Simple Moving Average (SMA) indicator, which shows a consistent pattern of Bitcoin’s bear market bottoms aligning with this key price point. The analysis reveals that past cycles have seen similar price points as part of their bear market stages. 4-year SMA is closely linked to Bitcoin’s historical lows. 2015 to 2018, for example, saw a similar pattern of volatility and price increases before another major bullish trend emerged. 2.5x Market Multiplier: A sign of market maturity. The current market cycle sees a lower multiplier value compared to past cycles, signaling potential stability and reduced volatility. This suggests that Bitcoin is maturing and its market cycles are becoming less volatile. As the market progresses through this phase, it’s expected that Bitcoin will reach its lowest price point before experiencing a rise in prices. This historic pattern suggests an upcoming bullish movement.