Bitcoin Slumps Again to $74K as Bearish Market Structure Intensifies
Bitcoin's price drops to $74K as bearish market trends intensify.
CryptoPotato1 min read
13 Years Of Data Says Bitcoin Price Has Not Bottomed Yet, Analyst Explains The Trend
TL;DR
Bitcoin's recent price movements raise questions about whether it has hit its bottom. Historical analysis suggests that past bear markets have consistently taken over a year to bottom out.
Key points
- Bitcoin is showing green candlesticks on daily and weekly charts
- Historical data indicates Bitcoin bear markets last over a year
- The 2024 bear market lasted approximately 426 days
Bitcoin is now printing green candlesticks on the weekly and daily timeframes, and this raises the question of whether the worst has already passed or maybe the floor is still months away.
An interesting analysis of Bitcoin’s price action over a multi-year time span pushes back against the growing optimism, pointing to a pattern that has held for more than a decade and suggesting that time, not just price, may still be working against a confirmed bottom.
Every Bitcoin Bear Market Has Taken Over A Year To Bottom
Going back to 2013, Bitcoin’s bear market cycles have followed a consistent sequence when it comes to the one metric that matters most, which is time. Each Bitcoin bear cycle differed slightly in severity, but the time requirement it took for it to end was surprisingly consistent.
According to a technical chart noted by a crypto analyst that goes by the name Xremin, the bear market in 2024 stretched to around 426 days before a bottom formed. The 2017 cycle followed with roughly 363 days, while the bear market after 2021’s rally took about 376 days to complete.
Source: Chart from Xremin on X
The current cycle, however, is only about 190 days into its correction phase. This is, of course, taking Bitcoin’s peak above $126,000 in October 2025 as the starting point of the bear market correction. That places it at just over half the duration seen in previous cycles.
Bitcoin is already down about 43% from that all-time high. However, calling a bottom at this stage, according to the analyst, would mean assuming that Bitcoin has suddenly broken a 13-year pattern without any clear structural change to justify it.
Can The Bear Market Already Be In?
Q&A
How long do Bitcoin bear markets typically last?
Bitcoin bear markets have consistently lasted over a year, with the most recent cycle in 2024 taking around 426 days to bottom.
What does the recent analysis say about Bitcoin's price bottom?
The analysis indicates that despite recent price increases, the historical trend suggests that Bitcoin may not have reached its bottom yet.
What patterns have been observed in Bitcoin's bear market cycles?
Bitcoin's bear market cycles have shown a consistent pattern where each cycle takes a similar amount of time to reach a bottom, varying slightly in severity.
