BTC Bull Market approaching its end? Analysis reveals the '1 warning sign' flashing, market may reverse

After reaching a historical high of $108,000 last month, BTC has experienced a sharp correction, sparking intense discussions among investors about whether the bull market is nearing its end. In a recent analysis report, digital asset research firm 10x Research expressed a cautious view, suggesting that the market has shown signs of topping out, and investors need to be prepared for market volatility.

Has BTC reached its peak? Market warning flashes

10x Research CEO and research director Markus Thielen pointed out in the report that although Bitcoin showed strong upward momentum in 2024, by December, a 'shooting star' bearish pattern appeared on the market, which is a inverted hammer after the upward trend, often an important warning signal in the late stage of a Bull Market.

In the past, when BTC hit historical highs in December 2017 and November 2021, a 'shooting star' pattern appeared, indicating a trend reversal, which is considered a 'topping signal.' Markus Thielen said:

The 'shooting star' pattern is a strong 'bull to bear' reversal signal, indicating that buying pressure is starting to weaken and the currency price may experience a pullback.

10x Research emphasizes that the key support range for BTC is currently between $90,000 and $92,000. If this range is breached, BTC may experience a larger decline. Markus Thielen added:

Inspired by events such as Trump's inauguration, although there may be a rebound in early January 2025, there may be a wave of profit-taking at the end of the month. If this situation occurs, it can at least confirm that the 'shooting star' pattern in December 2024 may represent the 'mid-term peak' of BTC.

Despite the bearish signals on the technical front, 10x Research emphasizes that this does not mean the Bull Market will come to an end. However, with the arrival of 2025, market volatility may intensify, and a "sharp rise, sharp fall" trend is expected to emerge.

Bull Market '80% Completed,' Is the Final Stretch the Most Dramatic?

Other analysts hold different views on the current market.

Cryptocurrency trading education community The Birb Nest founder Crypto Birb believes that the BTC bull run process is about 80% complete.

BTC will surpass $225,000 in June 2025. The BTC Bull Market has reached 80%, and the final 20% will be the craziest phase.

Crypto Birb also reminds investors to take profits in a timely manner. The real 'altcoin season' will come after the peak of BTC, but it is necessary to exit the market before the end of 2025, as a bear market may come in 2026, and the coin price may fall by 80% to 90%.

Another analyst, Tutor, believes that BTC is currently in the 'final chapter' of the Bull Market. He wrote:

BTC is entering its third consecutive year of a bull run, which is typically the final stage of a Bull Market in history.

The biggest challenge facing investors in 2025 is the choice between emotional decision-making (believing that BTC will skyrocket to $1 million due to positive market news) and rational decision-making (timing the market exit based on technical charts).

The tutor further warned, "Greed and FOMO (fear of missing out) may cloud judgment, but history always rewards those who are calm, rational, and prepared."

<BTCBull Market approaching its end? Analysis reveals the emergence of '1 warning sign', market trend may reverse> This article was first published on 'Blocktempo'.