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Is Bitcoin price going to crash again?

Coin Telegraph LogoCoin Telegraph13h ago

Is Bitcoin price going to crash again? - Coin Telegraph

Quick Summary:

This “suggests a weak investment environment for Bitcoin, reducing the likelihood of a sustained rally in the near term,” CryptoQuant said, adding:“If the score remains below 40 for an extended period, it could signal the continuation of bearish market conditions, similar to previous bear market phases.”The report points out that a number of key metrics have turned red since mid-February 2025, “reflecting a deteriorating investment environment for Bitcoin.”Perhaps this is what informed CryptoQuant founder and CEO Ki Young Ju’s bearish sentiments when he said that the Bitcoin bull cycle is over.

Related: Here’s why Bitcoin price can’t go higher than $87.5KThis has seen its Bull Score Index drop to levels last seen in 2023, signaling a possible “continuation of bearish market conditions,” according to CryptoQuant’s latest Weekly Crypto report.

He added:“Expecting 6-12 months of bearish or sideways price action.”Bitcoin bear flag projects 28% more lossesFrom a technical perspective, BTC price trades within a bearish continuation pattern that indicates a potential correction ahead despite the ongoing consolidation.

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Article Details

Author / Journalist: Cointelegraph by Nancy Lubale

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 11:28:45 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 336 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27213645

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 84 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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