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Bitcoin bear market expected to last until Q4 2026, following historical four-year cycle patterns.

Market News
26 May 2026
Benzinga
View Source
Bearish
Bitcoin bear market expected to last until Q4 2026, following historical four-year cycle patterns.

Analyst Benjamin Cowen states that Bitcoin's bear market will likely continue until the fourth quarter of 2026, following its historical four-year cycle despite recent ETF adoption and institutional interest. He explains that Bitcoin's price behavior still mirrors previous bear markets from 2014, 2018, and 2022, with market peaks occurring in Q4 of post-halving years followed by prolonged corrections. Cowen also argues that the current market top, characterized by apathy rather than retail mania, does not invalidate the cycle, comparing it to similar patterns in the S&P 500 during the 1960s and 1970s. The analyst anticipates potential price weakness in summer 2026, further sell-offs later in the year, and a possible cycle low around October or Q4 2026.

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