Guavy AI Editorial TeamSentiment: 2.8Clout: 65

Bitcoin Bear Market May Be Nearing Its End, Analyst Suggests

Bitcoin's bear market may be nearing its end, according to Jamie Coutts, Chief Crypto Analyst at Real Vision. Coutts believes that the digital asset is showing signs of weakening downside momentum, a key indicator that the worst of the current correction may already have passed.

Coutts argues that Bitcoin appears to be in the second half of its broader bear market cycle, suggesting that much of the aggressive selling pressure seen over previous months has already occurred. While he acknowledges that volatility is likely to remain elevated, the analyst believes the market is gradually laying the groundwork for another long-term expansion phase.

According to Coutts, one of the most encouraging developments is the gradual reduction in downside momentum. Markets often experience their strongest selling pressure during the earlier stages of bear markets. As selling gradually becomes exhausted, price declines frequently begin slowing even if optimism has not yet returned.