‘Deeply undervalued’ bitcoin faces continued bear market with no clear upside catalyst

Bitcoin, often described as 'deeply undervalued' by many analysts and investors, is currently navigating a prolonged bear market that shows no signs of nearing its end. Despite its historical volatility and periods of significant recovery, the cryptocurrency landscape remains uncertain, with a lack of identifiable catalysts that could trigger a resurgence in market confidence and drive prices upward. As a result, many are left pondering when, or if, Bitcoin will regain its previous momentum and what events might potentially spark an increase in its value. source: https://www.coindesk.com/markets/2026/01/08/bitcoin-may-be-in-for-a-more-boring-but-nevertheless-positive-year