
David Bailey, entrepreneur and crypto adviser to U.S. President Donald Trump, has said that a Bitcoin bear market is unlikely for several years, citing record institutional interest in the asset, as reported by Coin Telegraph.
Bailey, founder of Bitcoin Magazine and BTC Inc., argued in a recent post that for the first time «real institutional buy-in» is occurring, with banks, insurers, corporates and pension funds beginning to hold Bitcoin. He added that current exposure represents less than 0.01% of the total addressable market, leaving «much higher» growth potential.
Over the past two years, institutional holdings in crypto, largely Bitcoin, have surpassed $100 billion through exchange-traded funds (ETFs) and corporate treasuries.
However, analysts remain cautious. CK Zheng of ZX Squared Capital warned that crypto remains tightly correlated with equities and could follow if stock markets slip. Pav Hundal of Swyftx noted that macroeconomic shocks or interest rate shifts could trigger a correction despite current momentum.
Ryan McMillin of Merkle Tree Capital suggested the current cycle could peak around Q2 2026, potentially leading to a mild downturn. Yet he also pointed to the possibility of no traditional bear market at all, comparing Bitcoin’s trajectory to gold after ETF adoption in the early 2000s.
The last major Bitcoin bear markets occurred in 2018 and 2022, each following periods of rapid price acceleration. Whether institutional adoption will change that pattern remains an open question.
Kursiv Uzbekistan also reports that Uzbekistan’s banking industry is expected to maintain strong momentum over the next three to five years, according to new research by the analytical firm Frank RG