Odaily Odaily that Matrixport published an article on the X platform stating: "The recent drop in Bitcoin's price below the key level we highlighted in our October 31, 2025 report has confirmed the downtrend; the current magnitude and pace of the pullback are quite similar to the downtrend phases of historical cycles. For investors, the focus has shifted from 'whether the trend has reversed' to 'when will the next more worthwhile investment window arrive?'"
Around the peak in late 2024 and October 2025, Bitcoin repeatedly exhibited characteristics of a fifth bull market nearing its end, indicating a gradual weakening of bullish momentum. As the price broke below these key levels, this assessment was confirmed, and the market entered a confirmed bear market phase.




