Bitcoin
Bitcoin (BTC)
$116,917.00 -3.31668
Bitcoin price
Ethereum
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$4,010.38 -7.45484
Ethereum price
BNB
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$1,235.96 -0.40203
BNB price
Solana
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$206.67 -5.24171
Solana price
XRP
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$2.69 -3.38589
XRP price
Shiba Inu
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$0.0000114 -4.29937
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Pepe
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$0.0000086 -5.97075
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Bonk
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$0.0000174 -8.01693
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dogwifhat
dogwifhat (WIF)
$0.664274 -5.72927
dogwifhat price
Popcat
Popcat (POPCAT)
$0.206376 -7.52502
Popcat price
Bitcoin
Bitcoin (BTC)
$116,917.00 -3.31668
Bitcoin price
Ethereum
Ethereum (ETH)
$4,010.38 -7.45484
Ethereum price
BNB
BNB (BNB)
$1,235.96 -0.40203
BNB price
Solana
Solana (SOL)
$206.67 -5.24171
Solana price
XRP
XRP (XRP)
$2.69 -3.38589
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000114 -4.29937
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000086 -5.97075
Pepe price
Bonk
Bonk (BONK)
$0.0000174 -8.01693
Bonk price
dogwifhat
dogwifhat (WIF)
$0.664274 -5.72927
dogwifhat price
Popcat
Popcat (POPCAT)
$0.206376 -7.52502
Popcat price
Bitcoin
Bitcoin (BTC)
$116,917.00 -3.31668
Bitcoin price
Ethereum
Ethereum (ETH)
$4,010.38 -7.45484
Ethereum price
BNB
BNB (BNB)
$1,235.96 -0.40203
BNB price
Solana
Solana (SOL)
$206.67 -5.24171
Solana price
XRP
XRP (XRP)
$2.69 -3.38589
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000114 -4.29937
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000086 -5.97075
Pepe price
Bonk
Bonk (BONK)
$0.0000174 -8.01693
Bonk price
dogwifhat
dogwifhat (WIF)
$0.664274 -5.72927
dogwifhat price
Popcat
Popcat (POPCAT)
$0.206376 -7.52502
Popcat price
Bitcoin
Bitcoin (BTC)
$116,917.00 -3.31668
Bitcoin price
Ethereum
Ethereum (ETH)
$4,010.38 -7.45484
Ethereum price
BNB
BNB (BNB)
$1,235.96 -0.40203
BNB price
Solana
Solana (SOL)
$206.67 -5.24171
Solana price
XRP
XRP (XRP)
$2.69 -3.38589
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000114 -4.29937
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000086 -5.97075
Pepe price
Bonk
Bonk (BONK)
$0.0000174 -8.01693
Bonk price
dogwifhat
dogwifhat (WIF)
$0.664274 -5.72927
dogwifhat price
Popcat
Popcat (POPCAT)
$0.206376 -7.52502
Popcat price

Analyst warns of a multi-year crypto bear market

Jayson Derrick
Edited by
News
Analyst warns of a multi-year crypto bear market

Jacob King, an analyst with WhaleWire, has issued a warning about Bitcoin’s trajectory and the broader crypto market.

In a post on X, King highlighted key developments that he believes could trigger a prolonged bear market.

King pointed to MicroStrategy’s decreasing Bitcoin (BTC) purchases, El Salvador’s apparent shift away from its Bitcoin-focused policies, and BlackRock’s sizable sales of BTC holdings as critical warning signs for investors.

In the past, King has frequently labeled MicroStrategy’s Bitcoin-focused business model a “giant scam,” arguing that it is unsustainable and destined for collapse.

He also noted that Tether (USDT), one of the leading stablecoin issuers, has paused new minting activity for more than 20 days, a period that coincides with Bitcoin’s recent price stagnation.

“The calm before the storm,” King stated, warning that the crypto market’s potential downturn might coincide with a broader stock market crash. He attributed the current market optimism to “greed” and advised investors to reassess their risks before holding their positions further.

King’s critique comes as Bitcoin trades at $98,387.00.