Bitcoin is hovering around $80,000 and several analysts believe a bear market is just around the corner.

Bitcoin (BTC) is experiencing one of its deepest corrections of the year, having fallen more than 30% from its all-time high of $126,200 reached on October 6. This move has reignited fears of a new bear market forming, as technical, on-chain, and institutional flow indicators begin to align in that direction.

Some traders claim that the recent drop "signals a turning point in the market."

They explain that, with a drop exceeding 20%, "we have likely reached the peak in October and are now entering a Bitcoin bear market that could extend throughout 2026, or at least until October 2026, according to BTC's four-year cycle."

They also point out that the recent sell-off among short-term investors aligns with typical dynamics preceding Bitcoin bear markets.

“There was a significant wave of liquidations; there was a lot of euphoria on the long side, and many people were liquidated in October and early November. This is typical of volatility and of those who use excessive leverage during these periods,” he noted.

This market cleansing, while reducing excessive leverage, also leaves many participants out of the market. “Generating a negative signal.”

Bitcoin is going through a crucial moment

Bitcoin is clearly at a crucial juncture. The combination of falling prices, weakening institutional demand, short-term investor sell-offs, and adverse technical signals suggests that the asset faces an increasing risk of transitioning into a sustained bear market.

However, long-term accumulation remains active, and some analysts remain optimistic, believing this is a correction within a larger cycle.

In any case, the market's evolution will depend on BTC's ability to recover key price levels, stabilize institutional demand, and overcome the prevailing short-term selling pressure.