Bitcoin
Bitcoin (BTC)
$97,025.00 0.80552
Bitcoin price
Ethereum
Ethereum (ETH)
$2,702.33 0.88678
Ethereum price
BNB
BNB (BNB)
$669.87 -5.43672
BNB price
Solana
Solana (SOL)
$200.80 4.14208
Solana price
XRP
XRP (XRP)
$2.74 12.06216
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000166 1.71018
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000103 4.93241
Pepe price
Bonk
Bonk (BONK)
$0.000019 7.61559
Bonk price
dogwifhat
dogwifhat (WIF)
$0.718378 21.22385
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358853 14.03827
Popcat price
Bitcoin
Bitcoin (BTC)
$97,025.00 0.80552
Bitcoin price
Ethereum
Ethereum (ETH)
$2,702.33 0.88678
Ethereum price
BNB
BNB (BNB)
$669.87 -5.43672
BNB price
Solana
Solana (SOL)
$200.80 4.14208
Solana price
XRP
XRP (XRP)
$2.74 12.06216
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000166 1.71018
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000103 4.93241
Pepe price
Bonk
Bonk (BONK)
$0.000019 7.61559
Bonk price
dogwifhat
dogwifhat (WIF)
$0.718378 21.22385
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358853 14.03827
Popcat price
Bitcoin
Bitcoin (BTC)
$97,025.00 0.80552
Bitcoin price
Ethereum
Ethereum (ETH)
$2,702.33 0.88678
Ethereum price
BNB
BNB (BNB)
$669.87 -5.43672
BNB price
Solana
Solana (SOL)
$200.80 4.14208
Solana price
XRP
XRP (XRP)
$2.74 12.06216
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000166 1.71018
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000103 4.93241
Pepe price
Bonk
Bonk (BONK)
$0.000019 7.61559
Bonk price
dogwifhat
dogwifhat (WIF)
$0.718378 21.22385
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358853 14.03827
Popcat price
Bitcoin
Bitcoin (BTC)
$97,025.00 0.80552
Bitcoin price
Ethereum
Ethereum (ETH)
$2,702.33 0.88678
Ethereum price
BNB
BNB (BNB)
$669.87 -5.43672
BNB price
Solana
Solana (SOL)
$200.80 4.14208
Solana price
XRP
XRP (XRP)
$2.74 12.06216
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000166 1.71018
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000103 4.93241
Pepe price
Bonk
Bonk (BONK)
$0.000019 7.61559
Bonk price
dogwifhat
dogwifhat (WIF)
$0.718378 21.22385
dogwifhat price
Popcat
Popcat (POPCAT)
$0.358853 14.03827
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.