This Bitcoin bear market has lasted 237 days, making it the fourth longest in history, but the decline is the smallest of all time.

robot
Abstract generation in progress
June 28 news, according to the latest research by CoinGecko, Bitcoin has experienced a total of 7 bear markets since 2014. CoinGecko defines a bear market as a period when Bitcoin's closing price remains below its 200-day simple moving average (SMA) for more than 30 consecutive days.
Data shows that as of June 28, 2026, the current 2025-2026 bear market has lasted 237 days, making it the fourth longest bear market in history. Bitcoin has fallen from its all-time high of approximately $124.8k in January 2025, hitting around $58,115 on June 25, with a maximum drawdown of 53.43%, the smallest decline among all bear markets.
CoinGecko believes that the relatively moderate decline in this bear market may be attributed to factors such as increased institutional participation, the gradual maturation of market infrastructure, and macro influences like interest rate fluctuations and capital flows toward artificial intelligence. In contrast, the three bear markets triggered by major industry events in 2014-2015, 2018-2019, and 2022-2023 saw maximum drawdowns ranging from 76.7% to 83.6%.
CoinGecko points out that historical data shows it typically takes 65 to 166 days for Bitcoin to reclaim the 200-day moving average after confirming a bottom. If the June 25 low holds, it could reclaim this average as early as the end of August this year, but the recovery cycle could also be prolonged further.
BTC-0.38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments