Bitcoin is bearly stable 🐻

Bitcoin saw a 14% single day drop and has now fallen 50% from its all-time high. So are we in a bear market?

Author

Stacy Jones
February 06, 2026

📝 What you need to know

Bitcoin’s latest swoon has the crypto world asking: Are we in a new bear market?

After dropping roughly 14% in a single day and sliding more than 50% from its late-2025 peak, BTC’s price action now sits squarely in territory traders usually associate with sustained downturns.

The rout triggered over $1.4 billion in liquidations, and analysts say traditional bear criteria are being met—even as some hope for a technical bounce. With sentiment shaky and risk assets under pressure, analysts say this could be more than a blip.

Does Bitcoin's Retreat Signal a New Bear Market for Crypto?

A single-day 14% drop and a drawdown of more than 50% have pushed Bitcoin into territory typically associated with bear markets.

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🕵🏻‍♀️ Editor’s Picks

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📚 Watch and Learn

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