Crypto: Bitcoin Copying 2022 'bear Market Rally' Despite 21% BTC Price Gains

Bitcoin market research warned that BTC faced another bear market in 2026 if it was unable to reclaim its yearly moving average.

Bitcoin (BTC) bulls risk a reality check as BTC price action mimics the 2022 “bear market rally.”

Bitcoin “appears” to be at the start of another bear market as price remains below its yearly moving average.

The latest rebound makes clearing the trendline at $101,000 all the more important.

Exchange inflows show sellers exiting in advance throughout this week.

New research from onchain analytics platform CryptoQuant warns that 2026 remains similar to Bitcoin’s previous bear market year.

“Bitcoin has risen 21% since November 21 in what appears to be a ‘bear market rally,’” it wrote in its latest Weekly Report issued Friday.

Bitcoin may be up more than 20% since its $80,500 lows in November 2025, but that is not enough to guarantee a lasting rebound. The reason, CryptoQuant says, lies with the 365-day moving average.

“The price of Bitcoin fell by 19% as it confirmed the start of a bear market after crossing below its 365-day moving average (MA). Since then, it has rallied by 19% to as high as $97.9K, approaching its 365-day MA that sits at $101K,” it continued.

The findings add more significance to the area around $101,000, which is already home to multiple resistance hurdles.

Source: CoinTelegraph