TechFlow News: On February 13, according to Matrix on Target’s weekly report, Bitcoin’s price has broken below a key level highlighted by analysts in their October 31, 2025 report, confirming a downward trend. Bitcoin’s current retracement magnitude and pace closely resemble those observed during prior bearish phases of historical cycles. Market discussion has shifted from “whether the trend has reversed” to “when the next more attractive entry window will emerge.”
Looking back, analysts successfully identified the start of Bitcoin’s bull market on October 28, 2022, and predicted on July 6, 2023 that the peak of this cycle could reach $125,000. From late 2024 through October 2025, Bitcoin repeatedly exhibited characteristics signaling the nearing end of its fifth bull run, indicating a gradual weakening of bullish momentum. With the price now breaching this critical level, the market has entered a confirmed bear market phase.
