Analysts Say Bitcoin Still in Deep Bear Market as Price Slips Toward $86,000

At the start of the week, Bitcoin briefly fell toward $86,000 before recovering to around $87,800, while market commentators maintained that the trend remains bearish. One analyst argued that the recent drop to levels last seen in mid-December 2025 did not establish a lasting bottom and that much lower targets are possible. Another analyst described a worsening crypto winter that began in November, saying current conditions are defined by pressure, fatigue, and doubt for holders.