Bear Market

Market analyst Corné Marchand counters recent bullish calls for Bitcoin to hit $180,000, arguing that on-chain data and ETF flows point to a bear market. He warns of a potential pump to $110,000 as a liquidity grab before a further decline and outlines his strategy to buy in at lower levels.

Bitcoin’s price has dropped over 5% in early December, triggering a rare bearish signal on the monthly MACD indicator. This signal has previously preceded major bear markets, raising concerns, though past performance doesn’t guarantee future results.

Crypto analyst Didi Taihuttu warns of a potential bear market for Bitcoin, citing several bearish technical indicators. He advises traders to be cautious while suggesting long-term holders view dips as buying opportunities, emphasizing strategy over panic.

An expert claims that the Bitcoin bull market has ended and predicts a prolonged bear market, while others point to miner profitability and other indicators as signs of hope.

Technical analysts are warning that Bitcoin may be entering a new crisis phase, with bearish signals like the death cross pattern and increasing loss-taking by investors.