Cantor Fitzgerald "Bitcoin (BTC) Bear Market Will End Soon"...Will the October Bottom Theory Hit?

▲ Bitcoin (BTC), Bull Market (Bull) vs Bear Market (Bear)/ChatGPT Generated Image

With Wall Street diagnosing that the Bitcoin (BTC) bear market is in its final stages, the October bottom theory is re-emerging in the cryptocurrency market, which has experienced a 51% plunge.

According to cryptocurrency specialized media Cryptoprowl on July 2 (local time), Cantor Fitzgerald analyzed that the cryptocurrency market has entered the final stage of its current bear cycle. The firm presented the possibility of a market bottom forming within the next few months, based on Bitcoin's past cycles.

Analysts including Gareth Gacetta of Cantor Fitzgerald stated in a report, "Ultimately, we believe we are only a few months away from the bottom of this correction." As of June 10, Bitcoin was 252 days past its 2025 peak and had fallen approximately 51% from that peak. In the past three market cycles, Bitcoin formed a bottom an average of 384 days after its peak.

Applying this calculation leads to the conclusion that the current downtrend could approach its low point around late October. However, Cantor Fitzgerald drew a line, stating that this model is not an exact timing prediction tool. While macroeconomic, regulatory, and geopolitical risks remain significant, the self-reinforcing nature of the cryptocurrency market suggests that past cycles can influence investor behavior.

Recently, the cryptocurrency market has continued its bearish trend, pressured by Bitcoin spot ETF outflows, high interest rates, and weakened risk asset preferences. Bitcoin fell more than 50% from its peak in late 2025, and most major altcoins, including Ethereum (ETH), performed worse than Bitcoin. In contrast, decentralized finance (DeFi) and real-world asset tokenization were cited as areas showing relative resilience.

Cantor Fitzgerald emphasized that as the market approaches an inflection point, it's crucial to look at the ability to accumulate sustainable value rather than speculative demand. It's judged that token value is unlikely to be maintained long-term by simple increases in usage alone, and networks that connect to actual cash flow or continuous monetary demand could become the next market leaders. Hyperliquid (HYPE), Solana (SOL), Sui (SUI), XRP, and Zcash (ZEC) were mentioned as assets that need to prove their ecosystem growth leads to token demand.

The report also evaluated that Digital Asset Treasury (DAT) firms are evolving from mere holding entities to operational businesses. Companies like Strategy (MSTR) can emerge as a link between traditional finance and the cryptocurrency market, but in the latter half of a bear market, the value of their held assets and their fundraising capabilities are simultaneously put to the test. Ultimately, Cantor Fitzgerald's core message is less about optimism that winter is ending, and more focused on which networks and companies will prove real demand in the next cycle.

[Article Key Summary]

-Cantor Fitzgerald analyzed that the cryptocurrency market has entered the final stage of its bear cycle.

-As of June 10, Bitcoin was 252 days past its 2025 peak and had fallen approximately 51%.

-Applying the average of the past three cycles suggests that Bitcoin's bottom could form around late October.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*