We are living through a Bitcoin bear market unlike any we have seen before.

362 days after the all time high, Bitcoin is still trading well above the historical median of previous bear market cycles.

Are we witnessing the first major structural shift in Bitcoin’s traditional cycle behavior?

Or does this chart suggest there is still room for one final leg lower?

Historically, major bear market bottoms were formed between day 364 and day 405 after the cycle ATH.

We are entering that exact window now.

By November 2026, we should have a much clearer answer.