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Analyst Predicts 80% Chance of Bitcoin Entering Bear Market
- Bitcoin's price has recently struggled, unable to reclaim the $100,000 level for over four months. This has led to speculation about a potential bear market.
- The probability of Bitcoin entering a bear market has increased, with significant sell-offs by whales adding billions in selling pressure.
- Crypto analyst Titan of Crypto shared on X (formerly Twitter) that there is an 80% chance of Bitcoin being in a bear market, compared to a 20% chance of a bull market.
- The classic 4-year cycle theory, historically characterizing Bitcoin and the crypto market, seems to be eroding, as no significant altcoin run has occurred.
- According to Titan of Crypto, Bitcoin's RSI shows patterns similar to previous bear markets, and the next week's data could confirm the trend if it closes similarly by November 24.

- In contrast, Coinglass's Bull Market Peak Indicators, which include 30 indicators, suggest the Bitcoin top has not been reached, with the process bar at just above 46%.
- The Crypto Fear & Greed Index has dropped to an Extreme Fear score of 10, the lowest since March 2025, often indicating potential market reversals.
- Despite these indicators, it remains uncertain how buyers will respond to current market conditions.
