Is Bitcoin Out of Its Bear Market? These Analysts Think So

Bitcoin Magazine Is Bitcoin Out of Its Bear Market? These Analysts Think So Bitcoin is out of its bear market. But expect a possible pullback.  That’s according to analysts at crypto research firm CryptoQuant, who say the coin is behaving like it has done in the past.

CryptoQuant founder, Ki Young Ju, wrote on X Tuesday that the asset had “entered into the early bull phase.” Ju Pointed to movements bitcoin made in its last cycle before entering a bull market, and said the coin was currently doing the same thing.  JUST IN: Bitcoin is currently having its 3rd best August EVER, currently up 25% this month pic.twitter.com/q45AHHpK4e— Bitcoin Magazine (@BitcoinMagazine) August 24, 2026 CryptoQuant research shows that bitcoin flows to derivative exchanges have started again, confirming that traders have entered “risk-on” mode, which “has marked the start of a new bull cycle” in the past.  And another analyst at the firm, Theophiluspep, wrote that while the coin was entering a bull market, “spot demand, ETF flows, and market momentum have turned decisively bullish, but elevated profit-taking, exchange inflows, and overbought conditions suggest a potential near-term cooldown.” He added: “This looks increasingly like a genuine regime shift into the early phase of a new bull market, driven more by improving spot demand and institutional ETF buying than by excessive leverage.”...