Its historical data pointed to a bullish period for 2025, and although it looks nothing like 2021 BTC It increased its ATH level last year. The bear market-like period for most altcoins was tiring as factors outside of crypto overwhelmed the markets. Now historical data says 2026 should be a repeat of 2022. So will it be like this?
Cryptocurrency Winter 2026
10x Research addressed the crash year story that is widely seen among cryptocurrency investors. The key zone for BTC is $101,586 and the rise should continue in the environment where it is reclaimed. Bear markets occurred with closings well below the level indicated in the chart below. The price is still below the decision zone, but 10x Research thinks 2026 will not be a “tough year.”
“At the end of October, before market sentiment changed, we noted that the Bitcoin bear market had begun. After a 20% drop, the bear market has now become the consensus and the prevailing view is that this year is the “hard year” of the cycle and should be avoided rather than weathered.
But markets rarely move when expectations are clear, open and widely shared. It’s not the price that’s troubling right now; It is the widening gap between what people believe should happen and what the market structure is doing silently behind the scenes.”
cryptocurrencies Its changing structure has caused early signals to become meaningless. In the second quarter of 2025, many on-chain Ki Young Ju, who said that bear markets started by watching the metric, later admitted that he was wrong.
Cryptocurrency Rise
Friday’s ETF inflows suggest there are still investors on the sidelines waiting for a rally. Although precious metals such as gold and silver made unprecedented rallies last year, we may have entered a period when liquidity will return to crypto in the Fed interest rate cut environment. Contrary to the bear market narrative, the Bitcoin price is above $80 thousand and those who expected a decline to $56 thousand are as disappointed as those who expected a rise.
Fed’s interest discount We will see that many important developments shape the year 2026, such as speed, whether tariff wars will lead to a new FUD with the Supreme Court decision, whether MNAV collapses of cryptocurrency reserve companies will bring huge sales. So it’s hard to be sure of the direction. For those who expect both decline and rise.

