Bitcoin Is Not Back in a Bull Market Yet

20 Aug 2026 · 1 min

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In this brief market‑analysis segment, the speaker addresses whether Bitcoin’s bear market has ended. He concludes that, according to his trading system, there are not yet enough signals to declare the bear market over. The primary technical signal he looks for is an “undeniable CIST” on the weekly chart—a convincing weekly candle closing above roughly $82,200. If such a candle closes, it would satisfy step 1 of a multi‑step process toward a full market reversal, but until that occurs the bear market is considered still active.

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is the bear market over? And the short answer to that is going to be not yet. Or at the very least, based on the system that I trade, I don't think we have enough signals to tell us that, okay, the bear market is officially over. Now, just to explain what I mean by this, the basically the main kind of signal that I would look for to signify that a bear market is over is some sort of an undeniable CIST on the weekly chart. And at the moment, based on how the chart is looking like so far, the first valid level would be at around $82,200, which means that we would need a convincing candle close on the weekly chart above this level And if that happens, congratulations, we're basically out of the bear market, or at the very least, we have completed step 1 out of maybe like 2 or 3 steps to kind of go for a full market reversal.