Fidelity Cites Conditions That Could End Crypto Bear Market

Fidelity has released a report highlighting several factors that could end the current crypto bear market. The report points out that Bitcoin's four-year cycle, regulatory changes, shifts in monetary policy, new use cases, and broader institutional adoption have historically contributed to the start of bull markets. Fidelity emphasizes that these conditions do not guarantee another rally.

The firm suggests that if the pattern continues, the current bear market could bottom around November 2026. The halving is a key driver of this cycle, as it cuts mining rewards in half about every four years, potentially creating upward pressure on prices.

Fidelity also notes that regulatory changes can be beneficial for the crypto market. The US Clarity Act and interest-rate cuts could reduce uncertainty for crypto businesses in the US and provide meaningful support for the digital-asset market.