Bitcoin Officially In Bear Market Territory, Declare Financial Analysts: 2026 Set To Be A Washout For Apex Crypto?

Capital markets commentator The Kobeissi Letter declared Tuesday that Bitcoin (CRYPTO: BTC) has entered a bear market, marking a 20% decline from its recent record high.

Most Exciting Market?

In an X post, Kobeissi Letter stated, “Bitcoin officially enters bear market territory, now down -20% since its record high seen on October 6th.”

Interestingly, it followed the statement by saying that this is the “most exciting” market in history.

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Full story available on Benzinga.com