Grayscale Sees Bitcoin Bear Trend Lasting Until Autumn

Analysts at Grayscale suggest that the Bitcoin bear market could stick around until September or October. Their outlook is based on the traditional four year cycle of the asset. Historically, these periods have seen prices reach a bottom roughly one year after the cycle peak, often accompanied by sharp pullbacks.

While the four year cycle provides a blueprint, the firm notes that the current market environment is different. Bitcoin is now tied much more closely to broader macroeconomic conditions than it was in previous years. This means interest rates, inflation data, and global financial health play a larger role in price action today.

Investors are watching these months closely to see if the asset can regain momentum. If the market continues to follow past cycles, the late summer and early autumn could be the turning point for a shift in sentiment. Until then, the focus remains on how macro pressures impact the wider crypto market.