Odaily Planet Daily reports that Matrixport stated on the X platform: "Recently, after Bitcoin’s price broke below the key level highlighted in our report on October 31, 2025, the downtrend has been confirmed; the current retracement magnitude and pace are similar to the decline phases in historical cycles. For investors, the discussion has shifted from ‘whether the trend is turning’ to ‘when the next more favorable allocation window will arrive.’
Before the cyclical peak around the end of 2024 to October 2025, Bitcoin repeatedly showed signs of nearing the end of the fifth bull market phase, indicating that bullish momentum is gradually waning; with the price breaking below the aforementioned key level, this judgment is validated, and the market has entered the bear market confirmation stage."
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