Is bitcoin in a bear market?

Yes.

Bitcoin has been in a bear market since October 6, 2025, when its price peaked near $126,000. Based on drawdowns in prior bitcoin bear markets and the bear-market threshold used for traditional markets, bitcoin is definitely in a bear market.

See the live day count, the current drawdown, and a chart of every bitcoin bear market on the Bitcoin Bear Markets homepage.

Bitcoin Bear Markets — every bitcoin bear market, charted