CryptoQuant says Bitcoin may be slipping into a bear-market phase as demand weakens and capital inflows slow. Its analysis suggests the lack of strong buying pressure could cause prices to gradually trend lower rather than rebound quickly.
Based on current on-chain signals, Bitcoin could fall toward $70,000 over the next three to six months if demand does not improve. Slower capital rotation and cautious investor behavior are key factors behind this outlook.
CryptoQuant also flags longer-term downside risk. If the bearish conditions persist, Bitcoin could face a deeper pullback toward $56,000 by late 2026, reflecting extended weakness in demand and sentiment.
