cryptoIs Bitcoin In A Bear Market?
Anthony Pompliano · · 22:42 · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $78,3424-hour candle close · 2 Feb 2026, 20:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: months moved up to sideways; cycle flipped up to down.
Views
- Next months (next 2–6 months): Sideways (timeframe is our reading):
I think we've got some time here where Bitcoin is going to go kind of uh flat to down.
▶ 17:37 The call was right: 78.3k when said, 67.3k on 2 Jun 2026 (−14.1%). - This cycle (next 6–18 months): Leans down (timeframe is our reading):
in conclusion, I think that Bitcoin probably is in a bare market. Uh my expectation is that Bitcoin is not going to just do a U-turn all of a sudden go back to, you know, $126,000.
▶ 17:27 The call was open until 2 Feb 2027, against 78.3k when said.
If this, then that
- If an exogenous shock, contagion or forced selling in the market, then 30–40k (next months):
it is hard to see us going down to, you know, call it 30k 40k uh bitcoin price unless there was an exogenous shock.
▶ 19:58
Levels named
- 75k: Support (a roughly 40% drawdown from the high, based on volatility having been cut in half, would be about the whole move):
If that's the case, then the draw down that we've seen would be about the whole move, right? Somewhere in that $75,000 range.
▶ 07:51 - 30–40k: Target (only reachable with an exogenous shock, contagion or forced selling):
it is hard to see us going down to, you know, call it 30k 40k uh bitcoin price unless there was an exogenous shock.
▶ 19:58
Their own position: Holding. and so I just constantly think about how many Bitcoin do I own and should I be buying more and can I increase the number of Bitcoin that I own.