Is This Bitcoin Bear Market Different? Analysts Weigh In – Decrypt

May 12, 2026 - 12:45
Is This Bitcoin Bear Market Different? Analysts Weigh In – Decrypt
In brief Bitcoin’s current bear market drawdown of around 36% from its ATH is shallower than historical cycles, which saw 40–50% declines. ETF inflows and corporate treasury accumulation have introduced structural demand that analysts say is reshaping how Bitcoin cycles play out. One analyst noted that similar conditions—above True Market Mean and STH cost basis—preceded...

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