BITCOIN CRASH ALERT: Is the Bull Run OVER?!

Bitcoin is back in the danger zone! The cryptocurrency titan is trading WAY below its recent all-time highs, desperately clinging to support levels it hit back in late 2024!

Brace Yourself: A “Deeper Correction” LOOMS!

Experts are waving red flags, predicting a “deeper pullback” before the bulls can muster the strength to reignite this wild price party! Can you believe it?!

Data reveals Bitcoin (BTC) took an 8% nosedive, bringing it perilously close to prices below the $100,000 mark! 🚨 Mark your calendars—May 31 was a day of reckoning as Bitcoin plummeted almost $9,000 beneath its latest peak!

These bearish signals didn’t come out of nowhere! Respected analytics reveal the bulls have hit multiple roadblocks, and on-chain indicators are sounding the alarm for a serious slowdown in momentum.

In a shocking report, CryptoQuant just revealed that Bitcoin’s demand metrics are reaching critical levels. With demand growth at only 229,000—which is LIGHTYEARS away from December’s record of 279,000—this might just be the turning point!

“Whale balances are UP by 2.8% this month. Hang on tight; this usually hints at a big slowdown!”

Is the Party Over for Bitcoin?!

Analysts and traders are nervously eyeing the charts, fearing the worst as market sentiment shifts. Are we about to witness a complete unraveling of this bull run? 🤯

Mags, a well-known trader, is sounding the alarm loud and clear. “BTC has shattered previous all-time highs and is getting rejected hard!” With the likelihood of a deeper correction soaring, it’s time to brace for impact!

As the weekly candle close approaches, Mags claims this is the ultimate test of the bulls’ strength. If Bitcoin can’t reclaim its lost glory with a close above $104,450, we could be looking at an even uglier situation ahead!

“A collapse below support could signal a much bigger drop, possibly forming a nightmare inverse Head and Shoulders pattern!”

Even fellow trader Aksel Kibar isn’t holding back—he’s predicting the comeback might just be DELAYED! “As long as Bitcoin stays above $73,700, there’s hope.” But will it hold? Speculations are swirling with a midterm target of $137,000 still in play—but is that just wishful thinking?!

CryptoQuant is offering up a grim outlook, eyeing a price stop-off at $120,000 as the ultimate profit-taking zone.

WHAT’S NEXT?!

Stay tuned, because as Bitcoin wobbles like a tightrope walker on a gusty day, the excitement and terror are far from over. Will the bulls rebound or will we watch this cryptocurrency giant crash and burn? The stakes couldn’t be higher!