Bitcoin's Current Bear Market Lasts 237 Days, Fourth Longest in History but With Smallest Drawdown of 53.43%

BTC-0.37%
According to BlockBeats citing CoinGecko research, as of June 28, 2026, Bitcoin's ongoing 2025-2026 bear market has lasted 237 days, marking the fourth longest bear market since 2014. The current bear market, defined by Bitcoin's closing price remaining below its 200-day simple moving average for more than 30 consecutive days, has seen a maximum drawdown of 53.43% from Bitcoin's peak of approximately $124,800 in January 2025 to a low of around $58,115 on June 25—the smallest decline among all historical bear markets. By contrast, the three previous major bear markets in 2014-2015, 2018-2019, and 2022-2023 experienced maximum drawdowns ranging from 76.7% to 83.6%.
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