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Bitcoin's current bear market is milder than past crashes, signaling potential resilience amid AI investment shifts.

Market News
19 Aug 2026
Crypto news
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Neutral
Bitcoin's current bear market is milder than past crashes, signaling potential resilience amid AI investment shifts.

Bitcoin has experienced a bear market with a decline of about 49% from its October 2025 peak, which is less severe than previous drops of 75% to 80%. SkyBridge Capital's Anthony Scaramucci suggests this smaller drawdown may indicate a stronger buyer base preparing for recovery. The subdued price is partly due to capital shifting from cryptocurrencies to artificial intelligence investments. Scaramucci forecasts Bitcoin could surpass $100,000 after the next halving in 2028 but cautions that the market may stay sideways for a while. Despite this optimism, experts note that the bear market is not over and Bitcoin remains nearly 50% below its all-time high, with market volatility and economic factors still influencing price movements.

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