Is Bitcoin Deeply Undervalued? BTC Faces Bear Market With No Upside Catalyst in Sight

Bitcoin (BTC) is currently described as 'deeply undervalued' by analysts, yet the premier cryptocurrency continues to navigate a persistent bear market. Experts point to a significant lack of clear positive catalysts that could drive a sustained price recovery in the near term. This environment of low momentum and prevailing negative sentiment suggests that Bitcoin may face continued downward pressure or extended consolidation. The absence of a major trigger for bullish momentum leaves the market in a state of cautious uncertainty, with investors closely monitoring for any shifts in macroeconomic indicators or institutional adoption that could alter the current trajectory.