Bear Market

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.