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Analyst Says Bitcoin Bear Market Could Deepen After 39% Pullback
CryptoQuant contributor Zizcrypto said Bitcoin remains in a bear market after falling about 39% over 205 days since its last all-time high. Zizcrypto compared the move with past cycle bottoms of 86% in 2015, 83% in 2018, and 76% in 2022, and said the current drop is still limited relative to earlier capitulation phases.