Close Menu
Cryprovideos
    What's Hot

    Tokenized Funds Are Quietly Reshaping Institutional Finance

    June 4, 2025

    Cloud Mining BTC Progress Technique in 2025: Earn Mining, Creating Steady Cryptocurrency Revenue

    June 4, 2025

    Bearish Predictions: Professional Suggests Bitcoin May Fall Far Under $10,000

    June 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Might Ship Worth To $28,000
    Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Might Ship Worth To ,000
    Bitcoin

    Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Might Ship Worth To $28,000

    By Scott MathersonNovember 4, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Este artículo también está disponible en español.

    Speculations in regards to the Bitcoin bull market being over have been rife within the crypto market, significantly as the worth has failed to achieve its March all-time excessive of above $73,000. Offering a extra compelling case to this narrative, a crypto analyst has launched a Bitcoin bear case state of affairs that would see the pioneer cryptocurrency decline to $28,000. 

    Bitcoin Bear Case Unveiled

    In an X (previously Twitter) submit, crypto analyst and Place dealer Bob Loukas revealed a “Bitcoin bear case,” unveiling a extra unorthodox and bearish state of affairs for Bitcoin than most analysts have instructed. Basing his bearish situations on the cycle idea, Loukas proposes that Bitcoin may be a part of the broader 16-year cycle, with the present market marking the ultimate four-year part of this cycle. 

    Associated Studying

    The analyst instructed that this four-year part may finish in two methods — a distribution part, the place costs peak after which decline, or an upward part, the place Bitcoin experiences one final upsurge earlier than a downturn begins. Loukas has revealed that whereas cycle developments may help predict or present insights right into a cryptocurrency’s future value actions, he emphasizes that “no energy regulation” ensures that an asset’s value will frequently go up. 

    The analyst goals to desensitize buyers into believing Bitcoin will eternally be bullish with no downturns. He asserts {that a} bear cycle is inevitable sooner or later, although the timing stays unsure. 

    Loukas pinpointed particular value actions in his Bitcoin chart that would function a bearish sign, suggesting a possible downturn. The analyst predicts that Bitcoin may drop to new lows round $28,500 by 2026. He additionally forecasted that after a interval of volatility consisting of value declines and surges, the cryptocurrency may rise once more to $59,500 by 2027. 

    Bitcoin price
    Supply: X

    For extra readability, Loukas has proposed a story, suggesting that if Bitcoin had been to shut under the 10-month Shifting Common (MA) throughout a “bull market,” it will be a trigger for concern. Equally, a month-to-month shut under the $58,800 mark may point out the beginning of a possible downward spiral. 

    The crypto analyst has estimated a ten% to fifteen% probability of this bearish state of affairs occurring, emphasizing that it was a risk and never a certainty. He clarified that whereas he believes the present market cycle leans in the direction of a extra bullish state of affairs primarily based on historic proof, he all the time considers various situations. This method is probably going as a result of crypto market’s inherent unpredictability and infamous volatility. 

    Associated Studying

    Analyst Sees Retail Exercise Fueling A BTC Downtrend

    Whereas unveiling his Bitcoin bear case state of affairs, Loukas disclosed that broader curiosity in cryptocurrencies exterior of Bitcoin has light considerably. He revealed that there’s a lack of recent retail buyers, and this weakening enthusiasm may pose a critical problem for Bitcoin to generate new capital for progress. 

    Based on Loukas, retail buyers’ disinterest could stem from a shift in sentiment. Embracing cryptocurrencies has dwindled to mere hypothesis, and fewer individuals consider of their transformative potential. 

    Bitcoin price chart from Tradingview.com
    BTC value crashes again to $68,000 | Supply: BTCUSD on Tradingview.com

    Featured picture created with Dall.E, chart from Tradingview.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Tokenized Funds Are Quietly Reshaping Institutional Finance

    June 4, 2025

    Cloud Mining BTC Progress Technique in 2025: Earn Mining, Creating Steady Cryptocurrency Revenue

    June 4, 2025

    Bearish Predictions: Professional Suggests Bitcoin May Fall Far Under $10,000

    June 4, 2025

    Morgan Stanley Predicts Inventory Market Drawdown, Says There’s ‘Not a Lot of Upside’ to S&P 500 – The Day by day Hodl

    June 4, 2025
    Latest Posts

    Cloud Mining BTC Progress Technique in 2025: Earn Mining, Creating Steady Cryptocurrency Revenue

    June 4, 2025

    Bearish Predictions: Professional Suggests Bitcoin May Fall Far Under $10,000

    June 4, 2025

    Bitcoin Vs Ethereum: Who’s Social Media Rooting For?

    June 4, 2025

    Coinbase CEO fears Bitcoin replaces greenback if US debt grows as Elon Musk requires firing of 215 Republicans

    June 4, 2025

    Bitcoin (BTC) Faces Market Volatility Amid Financial Shifts

    June 4, 2025

    Czech Authorities Faces No-Confidence Vote Over $45M Bitcoin Scandal – Decrypt

    June 4, 2025

    New South Korean President Sparks Hope for Bitcoin ETFs and KRW Stablecoin

    June 4, 2025

    Bitcoin 3–5 Yr Holders Gradual Selloff—Ready for Increased Costs?

    June 4, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Milady Maker NFT Creator 'Remilia' Launches Mibera NFT Pre-mint

    March 24, 2025

    Bybit unveils bounty platform to sort out crypto crime following huge Lazarus hack

    February 25, 2025

    Main Regulatory Developments in Crypto: BitMEX, IRS, and SEC Updates

    January 22, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.