13 Years Of Data Says Bitcoin Price Has Not Bottomed Yet, Analyst Explains The Trend

13 Years Of Data Says Bitcoin Price Has Not Bottomed Yet, Analyst Explains The Trend

Source: NewsBTC

Published:2026-04-17 17:00

BTC Price:$77817.5

#BTC #CryptoAnalysis #MarketTrends

Analysis

Price Impact

Med

The article suggests that bitcoin's price might not have bottomed yet, based on historical data of bear market cycles. this could lead to further downward pressure if the pattern holds, but also presents an opportunity for long-term investors if the new structural factors prove significant.

Trustworthiness

Med

Price Direction

Bearish

The core argument is that previous bear markets have taken over a year to bottom, and the current cycle is only about 190 days in. this suggests that the bottom may still be months away, implying further price declines are possible before a sustained recovery.

Time Effect

Long

The analysis heavily emphasizes the duration of previous bear markets, suggesting that time is a critical factor in determining the bottom. the current cycle's duration is significantly shorter than historical precedents, indicating that a bottom is unlikely in the short term.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. 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. Related Reading Why Did The Bitcoin Price Rally Past $75,000 Despite The US-Iran War? 22 hours ago 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? Calling the bottom at this point in time would mean that this cycle has resolved itself in under half the time it has taken every single previous cycle to find its floor. However, the bull case for an early bottom is not without substance. Market participants with this view could easily argue that the Bitcoin and crypto ecosystem as a whole now has structural dynamics that did not exist in any previous bear market. Related Reading Bitcoin Bulls Must Hold This Level Or Price Could Crash To $65,000 Again 4 days ago An example is the US Spot Bitcoin ETFs , which now collectively hold approximately 6.5% of Bitcoin’s market cap, the highest being around 10% during the October 2025 peak. Another example is the Department of Labor publishing a proposed rule in March 2026 creating a safe harbor for retirement plan fiduciaries who add crypto to 401(k) menus. These are meaningful developments, and they may well reduce the severity of the eventual drawdown compared to previous cycles. However, they only speak to price depth, not to time. Institutional demand may prevent Bitcoin from falling to as low as $50,000 or $40,000, but it does not automatically hasten the psychological and market-structure process by which a genuine cycle bottom forms. The historically reliable four-year halving cycle suggests a durable bottom may not form until closer to Q4 2026. BTC trading at $75,656 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com