Summary
- Matrixport said it analyzed that Bitcoin has entered a bear market phase similar to past down cycles.
- It said the bear-market signal was confirmed after Bitcoin, following the bull market from late 2024 to the October 2025 peak, fell below a key support level.
- It added that with Bitcoin continuing a bear-market move, it is difficult to conclude it has reached the cycle bottom, and that the timing of the next buying opportunity is the key question.
Forecast Trend Report by Period
As Bitcoin (BTC) continues to trend lower, an analysis has emerged that the market has entered a bear phase. In particular, it argues that Bitcoin has not yet reached the price floor that marks the cycle low.
On the 13th (Korea time), crypto (cryptocurrency) research firm Matrixport said in a report it released that “Bitcoin has entered a bear-market phase similar to past down cycles.”
Matrixport stated, “Bitcoin maintained a bull market as it extended its uptrend from late 2024 through the October 2025 peak, but the bear-market signal was confirmed after it fell below a key support level.”
It added, “The key question now is not whether the trend has changed, but when the next buying opportunity will appear,” and “With Bitcoin currently continuing along a bear-market path, it is difficult to conclude that it has already reached the cycle bottom.”
As of 3:20 p.m. today, Bitcoin is trading at $66,185, down 1.35% from the previous day.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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