Bitcoin Bear Market May Reach Bottom in Late October, Cantor Fitzgerald Suggests

Cantor Fitzgerald's analysts have identified a possible bottom for Bitcoin in its current bear market. They point to historical cycle analysis that suggests the cryptocurrency will reach its low within the next few months.

The analysts, led by Gareth Gacetta, note that Bitcoin is currently 252 days past its late-2025 peak and has declined about 51% as of June 10.

According to their report from June 30, across the previous three market cycles, Bitcoin bottomed an average of 384 days after reaching its cycle high. If this historical pattern repeats, Cantor estimates the current bear market could reach its low around late October.

The analysts caution that the framework should not be viewed as a precise market-timing tool and acknowledge that regulatory developments, macroeconomic conditions, and geopolitical events could alter the trajectory.