
Here’s when Bitcoin’s bear market will start, according to expert
As Bitcoin‘s (BTC) price shows stability above $100,000, a cryptocurrency trading expert is warning that the maiden digital currency might enter a bear market within months.
According to Ali Martinez, historical trends indicate that Bitcoin’s downturn may be imminent, despite the anticipation that the asset will rise further amid a changing regulatory landscape, he said in an X post on January 24.
Bitcoin price analysis chart. Source: Ali_charts
Martinez highlighted that during Bitcoin’s previous halving cycles, the asset reached a market top within specific timeframes. Following the 2012 halving, the market top occurred 367 days later.