Bitcoin Bear Market Nearing End, But Don't Get Ahead of Yourself

Real Vision chief crypto analyst Jamie Coutts believes Bitcoin is nearing the latter stages of its bear market. In an interview on Cointelegraph's Trade Secrets, Coutts said that while it's still not over, 'I think we're approaching at least the second half'.

Coutts described the current price action as a 'typical garden-variety bear market', with Bitcoin trading around $63,000, roughly 50% below its October 2025 all-time high of $126,100. He noted that volatility has declined by about 50% compared to previous cycles.

However, Coutts warned that markets rarely follow historical patterns neatly and that 'all the trend indicators are obviously bearish'. Despite this, he is seeing early technical signs that selling pressure is easing, with a bullish divergence appearing on longer time frames.