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Bitcoin May Find Cycle Bottom Near $48,000, Axel Adler Jr. Says

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2026-06-16 08:07:33
Axel Adler Jr. said Bitcoin’s structural bottom for the current cycle could form around $48,000. According to NS3.AI, Adler said $60,000 remains a key accumulation zone, while a future retest of $48,000 is still a major risk.

Adler framed $60,000 as an area where investors may continue accumulating, but cautioned that downside pressure could still bring Bitcoin back toward $48,000 during the current cycle.
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