CryptoQuant Predicts Bitcoin Bear Market Could Extend Into Early 2027
Analytics firm CryptoQuant warns that Bitcoin's bear market may persist until early 2027, citing its PnL Index Signal which shows significant profit-taking began in October 2025.
BTCUSD
According to CryptoQuant's PnL Index Signal, Bitcoin's current bear market could stretch into early 2027. The indicator shows that large-scale profit-taking started in October 2025, and historically such cycles last around 18 months.
The firm notes that selling typically continues until a "true capitulation" event occurs in the market. So far, this capitulation has not been observed. Many short-term and medium-term holders have yet to experience a significant PnL drawdown.
Source: MarketTwits