Sentiment

Bitcoin Bear Market Cycle Nearing End After 396 Days

According to CryptoBoost founder, the current Bitcoin bear market, which began on October 6, 2025, has lasted 396 days, slightly longer than the historical average. The approximately 53% pullback is milder than in previous cycles, suggesting a more resilient market structure.

Thursday, November 5, 2026BTC
Issue cover: Biturai Daily Market Brief: Institutional Integration and Market Signals
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Bitcoin bear market has lasted 396 days, slightly above historical average.

Current pullback of 53% is milder than previous bear markets.

Institutional participation and whale accumulation strengthen the market.

Sustained move above $80,000–$82,000 needed for trend confirmation.

Story

The current Bitcoin bear market, which began on October 6, 2025, has lasted 396 days as of November 5, 2026, according to CryptoBoost founder. This duration is slightly longer than the historical average of 391 days for bear markets to bottom out since 2014. The current pullback is approximately 53%, which is relatively mild compared to previous bear market drawdowns (86% in 2014, 84% in 2018, 77% in 2022). The growing participation of institutional players, including spot ETFs, corporations, and funds, may be strengthening the market's holding structure and mitigating downside risk. BTC whales have been accumulating since July. While the length of the bear market aligns with historical averages, a sustained move above the $80,000–$82,000 range is needed to confirm a market trend shift. The milder drawdown and institutional accumulation suggest a more resilient market structure compared to previous cycles.

Issue context

The crypto market shows mixed signals on November 5, 2026. Bitcoin is trading at $78,026, with a slight gain over 24 hours but a decline over seven days. Ethereum shows similar movements. The total market capitalization has slightly decreased, while the Fear & Greed Index continues to signal "Fear." However, positive funding rates for BTC and ETH suggest a slight bullish bias in perpetual futures markets, indicating sustained investor interest.

Current market movements reveal a blend of institutional development and on-chain signals. Keep an eye on institutional integration developments and holder behavior patterns, as these can influence market sentiment and liquidity. Be aware that large token transfers, such as those by Trump Media, can introduce increased volatility, even if the intent remains unclear. Confirmation of the bear market cycle's end requires Bitcoin to hold key price levels.

Market pulse

BTC

$78K

+1.69% 24h / -3.57% 7d

Fear & Greed

34

Fear

BTC Funding

+0.0080%

20 perp markets · Open Interest $53.6B

BTC Open Interest

$53.6B

24h volume $92.2B · basis +0.039%

More from this issue

This story is part of the Biturai Market Brief and is for informational purposes only. No investment advice.