Bitcoin may remain in a bearish phase for the next 200–300 days, according to recent analysis. Market analyst Axel Adler Jr. highlighted a slowdown in Bitcoin's price momentum since March 2024, as indicated by the monthly Relative Strength Index (RSI). Historical patterns suggest that similar RSI declines have previously taken 200–300 days before a new bullish wave emerged, potentially postponing the next Bitcoin bottom until June–October 2026. Additionally, Joao Wedson, CEO of Alphractal, noted a decrease in conviction among Bitcoin whales, with some closing long positions or increasing shorts, which could result in sideways price movement. Currently, Bitcoin is trading at approximately $90,979, with no significant change in the past 24 hours.