We Asked AI: Is Bitcoin Really in a Bear Market and Where Is the Bottom?
Share:
Bitcoin experienced a significant drop from over $126,000 in early October to under $100,000 by year-end and plummeted to $60,000 recently, marking a 52% decline from its all-time high. This volatility raises concerns about whether the market is facing a healthy retracement or a bearish trend.
Whenever bitcoin corrects after a prolonged rally, the general question within the cryptocurrency community is whether this is another “healthy” retracement in a bull market, or the trend has changed completely, and the bears are in full control.
The past few months, though, do not appear to be a regular correction. Bitcoin traded above $126,000 in early October before it plunged to under $100,000 by the end of the year. Its impressive start to 2026 was quickly halted, and the asset plummeted to $60,000 last Friday, charting a 52% drop since its all-time high.
In This News
Coins
$ 68.87K
-1.20%
$ 0.00261
Share:
In This News
Coins
$ 68.87K
-1.20%$ 0.00261
Share:
Read More
Did Bitcoin Bottom at $60K? Poll Results Say Otherwise
Ripple’s (XRP) Next Price Targets, Cardano (ADA) Whales on the Move, and More: Bits Recap Feb 13
We Asked AI: Is Bitcoin Really in a Bear Market and Where Is the Bottom?
Share:
Bitcoin experienced a significant drop from over $126,000 in early October to under $100,000 by year-end and plummeted to $60,000 recently, marking a 52% decline from its all-time high. This volatility raises concerns about whether the market is facing a healthy retracement or a bearish trend.
Whenever bitcoin corrects after a prolonged rally, the general question within the cryptocurrency community is whether this is another “healthy” retracement in a bull market, or the trend has changed completely, and the bears are in full control.
The past few months, though, do not appear to be a regular correction. Bitcoin traded above $126,000 in early October before it plunged to under $100,000 by the end of the year. Its impressive start to 2026 was quickly halted, and the asset plummeted to $60,000 last Friday, charting a 52% drop since its all-time high.
In This News
Coins
$ 68.87K
-1.20%$ 0.00261
Share:
In This News
Coins
$ 68.87K
-1.20%$ 0.00261
Share:
Read More
Did Bitcoin Bottom at $60K? Poll Results Say Otherwise