Bitcoin market research warns of potential bear market in 2026 if BTC cannot reclaim yearly moving average. Price action resembling 2022 “bear market rally.” Key points include BTC below yearly moving average, importance of clearing trendline at $101,000, and sellers exiting exchanges. Bear market risk remains below $101,000.

New research from CryptoQuant highlights similarities between 2026 and previous Bitcoin bear market year. Price rise since November 21 seen as “bear market rally.” Despite 20% increase since $80,500 lows in November 2025, not enough to ensure lasting rebound. Focus on 365-day moving average, previous bear market comparisons.

Importance of $101,000 area emphasized due to multiple resistance hurdles. Bear market comparisons to 2022 gaining popularity, with forecasts suggesting retreat to $65,000 in 2026. CryptoQuant warns against putting too much faith in short-term BTC price strength. Fundamental and technical indicators suggest continued bear market.

Price trajectory playing out similarly to four years ago, with 2022 and 2026 diverging from 2018 bear market. Research flags multimonth highs in exchange inflows, signaling escalating selling pressure ahead. Total Bitcoin flowing into exchanges reaches highest volume since November 25, 2025. Higher inflows indicate potential bearish trend.

Read more at Coin Telegraph: Bitcoin is Still in Bear Market Territory Below $101,000, Says Research