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Real Vision Analyst Jamie Coutts Says Bitcoin May Be in Late-Stage Bear Market

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2026-07-12 08:34:09
Real Vision chief crypto analyst Jamie Coutts said Bitcoin may be entering the later stage of a bear market, with downside momentum beginning to slow. According to ChainCatcher, Coutts said Bitcoin’s volatility is down about 50% compared with the previous market cycle, suggesting the current decline may be less severe than past bear markets.

Coutts cautioned that markets rarely follow historical patterns precisely and said trend indicators remain clearly bearish. He added that early technical signals suggest selling pressure may be easing, citing bullish divergence in momentum indicators on longer time frames.

However, Coutts said the slowing negative momentum does not mean Bitcoin has technically exited the bear market.
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