With Bitcoin At $94,000, Bitwise CEO Claims Crypto Has Endured A 6-Month Bear Market

As Bitcoin hovers around $94,000, Bitwise CEO Hunter Horsley has pointed out that the cryptocurrency market has likely been in a bear phase for six months. This perspective aligns with insights from other analysts who suggest that the current market dynamics are evolving, especially with the anticipated impact of Bitcoin ETFs and changing political landscapes. Articles discussing predictions for Bitcoin's price suggest that the current consolidation phase could precede a significant breakout, potentially leading to a bullish trend in the coming years, particularly by 2026.