\u201cBitcoin\u2019s bear market is off to a weaker start than 2022,\u201d reported on-chain analytics platform CryptoQuant on Wednesday.<\/p>\n
Since falling below the 365-day moving average in November, Bitcoin is down 23% in just 83 days, compared to a 6% decline over the same period in early 2022, they added before stating \u201cmomentum is deteriorating faster this cycle.\u201d<\/p>\n
\u201cThis performance is worse than at the start of the previous bear market in January 2022.\u201d<\/p>\n
Bitcoin peaked at $126,000 in early October with the \u201cBull Score Index\u201d at 80, but following the Oct. 10 liquidation event, the index turned bearish and has now fallen to zero while the price dumped to $71,000, \u201csignaling broad structural weakness,\u201d CryptoQuant reported.\u00a0The platform also stated that Bitcoin \u201chas lost key support levels\u201d and may be targeting $70,000 to $60,000.<\/p>\n
Bitcoin was rejected three times at the \u201cTraders\u2019 On-chain Realized Price,\u201d a key on-chain support and resistance level. It also recently crossed below the lower band of this same metric, which acted as a support during the bull market.<\/p>\n
Bitcoin\u2019s bear market is off to a weaker start than 2022.<\/p>\n
Since falling below the 365-day MA on Nov 12, 2025, $BTC<\/a> is down 23% in 83 days, vs. just 6% over the same period in early 2022.<\/p>\n Momentum is deteriorating faster this cycle. pic.twitter.com\/t4xD2vljVI<\/a><\/p>\n \u2014 CryptoQuant.com (@cryptoquant_com) February 4, 2026<\/a><\/p>\n\n Meanwhile, Santiment reported<\/a> that sentiment \u201chas turned extremely bearish toward Bitcoin and Ethereum\u201d following the major downswing this past week.<\/p>\n \u201cAs we know, markets move opposite to the fear and greed of retail traders. There remains a strong argument for a short-term relief rally as long as the small-trader crowd continues to show disbelief toward cryptocurrency as a whole.\u201d<\/p>\n \u201cThe BTC bear market rages on as profitability resets, realised losses rise, spot demand stays weak, and leverage unwinds,\u201d reported<\/a> Glassnode.<\/p>\n Meanwhile, the crypto \u201cFear and Greed Index\u201d has fallen back to all-time lows around 12 as sentiment collapses and panic selling continues.<\/p>\n Total capitalization has declined again today, falling 4.4% to $2.53 trillion, its lowest level since April 2025. Further losses will see it back to bear market lows from 2024.<\/p>\n Bitcoin dumped again<\/a>, tanking below $71,000 during early trading in Asia on Thursday morning. BTC is now back at November levels and heading towards support at around $65,000.<\/p>\n Ether is in meltdown, crashing below $2,100 and failing to recover, also on a path to previous cycle lows.<\/p>\n Altcoins are not even worth mentioning, tanking<\/a> even harder than the top two, with most now at 80% down from their peaks.<\/p>\n The post Current Bear Market Performance Worse Than 2022: Analysts<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" \u201cBitcoin\u2019s bear market is off to a weaker start than 2022,\u201d reported on-chain analytics platform CryptoQuant on Wednesday. Since falling below the 365-day moving average in November, Bitcoin is down 23% in just 83 days, compared to a 6% decline over the same period in early 2022, they added before stating \u201cmomentum is deteriorating faster […]<\/p>\n","protected":false},"author":0,"featured_media":132622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-132621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132621"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132621"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/132622"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Crypto Market Outlook<\/h2>\n