Recently, Bitcoin’s price has hit a rough patch, leading to growing concerns that the crypto market might be sliding into another bear run. This downturn saw Bitcoin drop by $100,000 over four months, and it hasn’t managed to bounce back to that key level. Meanwhile, major investors, known as whales, have been selling off substantial amounts, creating quite a bit of pressure in the market. As a result, the odds of Bitcoin entering a bear market have spiked significantly.
Analyst Sounds the Alarm on Possible Bitcoin Bear Market
Crypto analyst Titan of Crypto recently took to X (formerly Twitter) to share his thoughts with the crypto community. His warning? The chances of Bitcoin being in a bear market are much higher than it bouncing back, giving an 80% chance to the bear market scenario and just 20% to a bull market.
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This Insight comes as the long-standing 4-year cycle that has defined Bitcoin since it started seems to be breaking down. Expectations for these cycles have completely shifted, particularly with no notable surges in altcoin prices.
The analyst encourages investors to take a closer look at the market. It’s important to avoid chasing trends blindly and instead, examine what’s really happening and where things might lead.
The post includes the Bitcoin RSI, which shows some similar patterns to when Bitcoin slipped into previous bear markets. Currently, it appears that we could be on a similar track, but Titan believes we’ll know more in the coming week. He suggests that if the week ends on November 24 looking like it does now, we could officially be in bear market territory.
Bear Market Signals: Are They Here?
On the other hand, the Bull Market Peak Indicators tracked by Coinglass suggest that Bitcoin’s peak is still ahead. This tracker uses 30 indicators to gauge whether the Bitcoin peak has been reached based on historical data — and so far, none have been triggered.
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Currently, the progress bar sits at just above 46% out of 100%, indicating we’re not yet halfway to a peak. Therefore, indicators suggest it’s better to hold than to sell, as we haven’t hit the Bitcoin peak just yet.
Additionally, the Crypto Fear & Greed Index has dropped to a low score of 10, signaling Extreme Fear, the lowest it’s been since March 2025. Historically, when the index is in the red, it often precedes a possible market reversal. However, it remains to be seen how buyers will react moving forward.
Featured image from Dall.E, chart from TradingView.com