Bitcoin has a market problem that has nothing to do with blocks. It is about ranking.

Cointelegraph reports that Bitcoin could remain absent from the world’s top five assets by market cap until 2036. That would mean years of under-the-radar status for an asset that still anchors a lot of crypto portfolios and headlines.

The article points to an estimate that the BTC bear market is nearly 70% complete. In other words, the worst of the drawdown might already be largely done. But “near the end” does not equal “back to the top.” Cointelegraph’s ranking scenario implies a long runway for relative performance versus other large assets.

What “top five” actually signals

A market-cap ranking is a scoreboard, not a survival test. Still, it matters because it shapes attention.

If Bitcoin sits outside the top five until 2036, it can lose the automatic visibility that comes with being one of the largest global assets. That can affect who pays attention, who benchmarks against what, and which flows get treated as “default exposure.”

Cointelegraph’s framing is skeptical of the comfort that comes from percent-complete bear-market narratives. A market cycle can be “mostly done” while the asset still lags in relative size.

Bear market completion versus relative ranking

Cointelegraph’s combination of two ideas is the key tension.

First, an estimate says the BTC bear market is nearly 70% complete. Second, the ranking outcome suggests it may still take until 2036 for Bitcoin to regain top-five status by market cap.

These two facts can both be true because ranking depends on two sides. You need not only recovery, you need recovery faster than whatever is currently ahead of you in the market-cap race. Cointelegraph’s estimate implies that even after the bear phase advances, Bitcoin may need additional time to catch up.

For holders, that difference is more than trivia. “Bear market progress” speaks to the asset’s internal momentum. “Top-five absence until 2036” speaks to the asset’s place in the broader liquidity hierarchy.

Why this could stretch longer than people expect

Cointelegraph does not provide additional mechanics in the excerpt beyond the timeline claim. But the logic of the scenario is straightforward.

If large-cap competitors keep compounding or if the market’s center of gravity shifts, Bitcoin can spend more time below a threshold than traders expect. Market-cap ranking is also sticky. It takes sustained relative growth to climb back across big gaps, especially when other assets keep moving.

So, the “70% complete” estimate can describe the shape of Bitcoin’s drawdown without guaranteeing a quick return to global top-tier status.

The practical read for crypto operators

For anyone building around Bitcoin’s role as a perceived “blue chip” asset, ranking matters because it influences institutional comfort, mainstream attention, and the baseline assumption for comparables.

Cointelegraph’s scenario suggests that even if Bitcoin’s cycle is in late stages, the public-facing milestone of top-five status may remain delayed. That is a different planning horizon than most people associate with bear-market end signals.

, Cointelegraph’s estimate turns a familiar chart idea into a longer clock. Bitcoin’s bear market may be nearly 70% done. Its absence from the top five by market cap could still last until 2036.