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13 Years Of Data Says Bitcoin Price Has Not Bottomed Yet, Analyst Explains The Trend
Bitcoin's recent green candlesticks spark debate about whether the market bottom is in or yet to come. A long-term analysis suggests historical timeframes are still relevant, potentially contradicting the current optimism. Examining past Bitcoin bear markets since 2013 reveals a pattern: each cycle surpassed a year to bottom. The current bear market, measured from a 2025 peak, has lasted only 190 days, significantly shorter than previous cycles. Bitcoin is currently down approximately 43% from its all-time high. The analyst Xremin emphasizes that an early bottom would break the established 13-year pattern. The bull case for an early bottom highlights new structural elements in the crypto market. These include the influence of US Spot Bitcoin ETFs and proposed regulations allowing crypto in retirement plans. While these factors may affect price depth, they don't necessarily expedite the time needed for a cycle bottom. The four-year halving cycle implies a bottom may not materialize until around Q4 2026.