Cantor: Bitcoin's Bear Market May Be Near Its End

Wall Street bank Cantor says Bitcoin's price slump could bottom out around October, based on past market cycles.

Is the worst almost over for Bitcoin? A major Wall Street bank thinks so. Cantor Fitzgerald, a large financial firm, says the current crypto downturn may be reaching its final stage — with prices possibly hitting their lowest point in the coming months.

Right now, the crypto market is in what's called a bear market (a long period when prices keep falling and investors feel pessimistic). Bitcoin, the world's biggest cryptocurrency, was trading around $59,500 when the article was published.

Cantor's analysts looked at Bitcoin's history to make their prediction. Here's what the numbers show:

As of June 10, Bitcoin was 252 days past its 2025 all-time high price.
It had dropped about 51% from that peak.
In the last three market cycles, Bitcoin hit its lowest point (its bottom) an average of 384 days after peaking.
If history repeats, that would place the low point around late October.

"We are only a few months away from the bottom of this pullback," the analysts wrote. But they warned this is not a precise prediction — things like the wider economy, government rules, and global politics can change everything.

Cantor also gave advice for investors. Instead of chasing quick profits (speculation — betting on price jumps for fast money), they suggest focusing on crypto projects with durable value accrual. In plain terms, that means networks that actually generate real demand and lasting value over time, rather than just riding hype.

The bank also pointed to digital asset treasury companies — businesses that hold large amounts of crypto. These, they say, are becoming real operating companies that could serve as a bridge between traditional finance (banks, stocks) and the crypto world.

The takeaway: History suggests Bitcoin's painful slide might be closer to the end than the beginning — but nobody can predict the future for certain. As always, the safest approach is caution and doing your own research.

This is an AI-generated summary. Read the original article at: https://www.coindesk.com/markets/2026/07/01/cantor-says-bitcoin-bear-market-may-be-entering-final-stretch