BIT Research: Five Signals Flash Simultaneously, Has the Bitcoin Bear Market Ended?
According to a BIT research report, multiple independent technical indicators are signaling that the Bitcoin bear market, which began in October 2025, may be nearing its end or has already concluded. Unlike the prolonged 2022 bear market, the current cycle shows structural changes due to the introduction of spot Bitcoin ETFs and reduced regulatory uncertainty, limiting excessive downside volatility.
Key technical signals include: the weekly stochastic oscillator rising above 20 (historically a bottoming signal), price approaching the critical 21-week moving average (~$77,592), and the monthly RSI potentially moving above its average. Additionally, Bitcoin is testing the key resistance zone of $66,000–$73,000. A decisive break above $73,084 (the March 2024 high) would confirm a trend reversal.
The convergence of these five signals—rather than any single indicator—increases confidence that the market is transitioning from a downtrend to a bottoming phase. The focus now shifts to whether price can sustain a breakout, potentially targeting $88,000 or higher, with $64,972 acting as crucial support. The report emphasizes that while trends are improving, investors should remain cautious and consult professionals, as digital asset trading carries significant risk.
marsbit04/17 10:16
