Bitcoin traders are shelling out record amounts for downside protection, even as spot prices begin to find their footing a trend that VanEcks mid-March 2026 Bitcoin ChainCheck report says may actually signal a market bottom rather than continued decline. According to senior analysts at VanEck, bitcoins 30-day average price dropped 19% compared to the prior period, though realized volatility eased significantly, falling from around 80 to just above 50.