Bitcoin Bear Market Warning! Expert Analyst Says  Bitcoin Price Could Be Heading Down!

Bitcoin, as of now, is back over $85,000. However, the recent sublime run hasn’t been enough to convince everyone. In his recent Bitcoin analysis, technical crypto expert Tony Severino has warned that the Bitcoin/VIX ratio is ‘not as bullish as many think’, and could very well be indicating classic bear market signals. “The Bitcoin/VIX isn’t bullish. These are indicators we usually see in Bitcoin bear markets,” Severino wrote in his post on X.

Bitcoin/VIX Flashing Red – Bitcoin Bear Market Looming?

While influencers continue to create hype around a potential Bitcoin breakout rally, Severino’s Bitcoin analysis suggests that it may have already peaked for the current market cycle. He has also cautioned traders before, using the Elliott Wave theory and momentum indicators to brace for a downturn. He believes that unless market conditions shift dramatically, the Bitcoin bear market is impending. 

BTCUSD/VIX is the new hot thing crypto influencers are experts on

Despite how they’re framing it (bullish), TA on it more suggests these are signals you tend to see during Bitcoin bear markets

Month isn’t over yet, however https://t.co/LYMdSKeGc5 pic.twitter.com/XK3dUKBwVP

— Tony "The Bull" Severino, CMT (@tonythebullBTC) April 11, 2025

However, other analysts have begged to differ. Prominent analyst Saeed believes that the recent pullback is a healthy retracement. He asserts that Bitcoin will continue to follow a bullish trend. According to him, the real breakout will come once the Bitcoin price breaks past the $85,000 resistance level. This could open the door to new all-time highs for Bitcoin. 

Bitcoin Gives Mixed Signals: Is A Bullish Reversal Possible?

On the other hand, other chart experts and analysts have observed bullish technical patterns for Bitcoin. Titan of Crypto noted that it appears to be forming an inverse Head-and-Shoulders pattern. If the pattern holds, it could push the Bitcoin price up to $125,000 this year. Rekt Capital, another renowned analyst, spotted a bullish RSI divergence, a pattern that has been followed by major reversals in the past. 

#Bitcoin Inverse Head & Shoulders Pattern

Still looks like a clean retest for now.

If the pattern plays out, #BTC could reach $125,000 in 2025.

Let’s see. pic.twitter.com/HvR0cdZYmM

— Titan of Crypto (@Washigorira) April 11, 2025

With the broad economic conditions improving, with signs of potential liquidity injection from the Federal Reserve, there is widespread hope that Bitcoin will continue to rise. But, with the market volatility, Severino’s Bitcoin price warning could be critical. With that in mind, let’s take a look at the latest Bitcoin price action and form a Bitcoin price prediction of our own.

Bitcoin Price Analysis of Last 24 Hours: $85K Breached!

Bitcoin commenced trading yesterday at $83,330, starting on a bearish note. The downtrend from the previous day continued, and Bitcoin fell to the $82,760 support. The market soon indicated overbought conditions, and a trend reversal followed. The uptrend was supported by a golden cross as the Bitcoin price rose, challenging the $84,100 resistance. The RSI reached the overbought zone, and a slight correction was observed, but Bitcoin held stable at $83,500. A golden cross formed at 11:00 UTC and widened by 13:40, as Bitcoin formed a steep upward channel. This led Bitcoin to $85,340. 

Chart 1: published on TradingView, April 13, 2025

A correction followed. But Bitcoin was once again able to reverse the trend quickly and continued to show positive movement. By 20:45 UTC, Bitcoin was back testing the new resistance at $85,850. With the buying pressure now exhausted, Bitcoin dipped, but held stable near the $85,350 mark. In the coming hours, Bitcoin went on to test the resistance a few times, but failed to break out. As of the latest update, Bitcoin had already faced a downturn and was seen venturing below the support level.

Bitcoin Price Prediction: Will Bitcoin Reverse the Downtrend Soon?

Bitcoin has formed a pattern in the past few days, ascending and then forming a trading range to hold on to its gains. If this pattern is to continue, Bitcoin may soon find an upward trend. The latest update saw Bitcoin venture below the support. Given the strong bullish pressure, Bitcoin should be able to prevent a steep fall. Instead, a trading range seems to be on the cards. If that happens, and the coin prevents further drop, we may be looking at a level close to $87,000 in the coming day or two.

The post Bitcoin Bear Market Warning! Expert Analyst Says  Bitcoin Price Could Be Heading Down! appeared first on Coinfomania.