Bitcoin
Bitcoin (BTC)
$96,388.00 -1.25761
Bitcoin price
Ethereum
Ethereum (ETH)
$1,833.96 -1.13634
Ethereum price
BNB
BNB (BNB)
$598.94 -0.23274
BNB price
Solana
Solana (SOL)
$148.31 -1.57874
Solana price
XRP
XRP (XRP)
$2.21 -0.75997
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000132 -2.94502
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000084 -4.31714
Pepe price
Bonk
Bonk (BONK)
$0.0000173 -7.59871
Bonk price
dogwifhat
dogwifhat (WIF)
$0.590481 -4.67472
dogwifhat price
Popcat
Popcat (POPCAT)
$0.380169 -2.39999
Popcat price
Bitcoin
Bitcoin (BTC)
$96,388.00 -1.25761
Bitcoin price
Ethereum
Ethereum (ETH)
$1,833.96 -1.13634
Ethereum price
BNB
BNB (BNB)
$598.94 -0.23274
BNB price
Solana
Solana (SOL)
$148.31 -1.57874
Solana price
XRP
XRP (XRP)
$2.21 -0.75997
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000132 -2.94502
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000084 -4.31714
Pepe price
Bonk
Bonk (BONK)
$0.0000173 -7.59871
Bonk price
dogwifhat
dogwifhat (WIF)
$0.590481 -4.67472
dogwifhat price
Popcat
Popcat (POPCAT)
$0.380169 -2.39999
Popcat price
Bitcoin
Bitcoin (BTC)
$96,388.00 -1.25761
Bitcoin price
Ethereum
Ethereum (ETH)
$1,833.96 -1.13634
Ethereum price
BNB
BNB (BNB)
$598.94 -0.23274
BNB price
Solana
Solana (SOL)
$148.31 -1.57874
Solana price
XRP
XRP (XRP)
$2.21 -0.75997
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000132 -2.94502
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000084 -4.31714
Pepe price
Bonk
Bonk (BONK)
$0.0000173 -7.59871
Bonk price
dogwifhat
dogwifhat (WIF)
$0.590481 -4.67472
dogwifhat price
Popcat
Popcat (POPCAT)
$0.380169 -2.39999
Popcat price
Bitcoin
Bitcoin (BTC)
$96,388.00 -1.25761
Bitcoin price
Ethereum
Ethereum (ETH)
$1,833.96 -1.13634
Ethereum price
BNB
BNB (BNB)
$598.94 -0.23274
BNB price
Solana
Solana (SOL)
$148.31 -1.57874
Solana price
XRP
XRP (XRP)
$2.21 -0.75997
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000132 -2.94502
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000084 -4.31714
Pepe price
Bonk
Bonk (BONK)
$0.0000173 -7.59871
Bonk price
dogwifhat
dogwifhat (WIF)
$0.590481 -4.67472
dogwifhat price
Popcat
Popcat (POPCAT)
$0.380169 -2.39999
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.