Hi. I have a new install MP2 3kVA with victron gel batteries (4 x 220AH in series).
I did an initial discharge test down to what the system believed was 70% or 48.9V.
When I cut back power, the charger went straight into float, not bulk.
It has slowly charged back to 85% and is now in storage mode.
Any ideas why it would not have bulk charged?
Should I just run another (longer) discharge cycle and see if it corrects itself?

Hello! I have the same problem with a Multiplus 24/5000. I have attached the diagram of the voltage. You can see that the first day, the systems enters bulk-absorption-float. The second day it is only on float! My batteries are OPZs and I noticed that the second day the voltage during the night did not fall under 24,2 V . So if you formula is correct, my float voltage is 26,8V, If we take of 1,3 V for a 12V system than for my 24 V system the rebulk volatge is 26,8-1,3*2= 24,2 V.