Reputed Analysts Unite Over Bear Market Declaration As Bitcoin Price Dips Below $95,000

Reputed analysts unite over bear market declaration

Bitcoin price dips below $95,000

Analyst does not believe a recovery is possible anytime soon.

Doctor Profit, the reputed silver-tongued analyst, who has been calling for a crypto bear market since August, is back with his latest weekly report. He and other reputed analysts unite over bear market declaration as Bitcoin price dips below $95,000. The analyst goes on to share multiple charts and bearish indicators to highlight why it is important to understand these indicators to predict market actions.

Reputed Analysts Unite Over Bear Market Declaration

The analyst begins by shedding light on the significance of the golden line, which is the EMA50. Earlier, he had predicted the breakdown of this line back in September when he called for BTC price to fall below $100,000 and break beneath the golden line. He says this chart is crucial because it indicates whether BTC is in a bull or bear market. Historically, every time BTC touched this area, it closed the weekly candle right above it and always bounced afterwards

Throughout the entire cycle since 2024, Bitcoin consistently closed above this level, confirming the bull market. Now, it has dropped below it exactly as the analyst predicted, confirming the bearish sentiment. Today, Bitcoin experienced a death cross for the first time since April 2025. Before that, the last death cross was on August 10, 2024, and another one on September 12, 2023

Bitcoin Price Dips Below $95,000

On all three of these dates, BTC rallied between 25% and 60% within the following three months after the death cross occurred. Bulls argue that today’s bearish death cross is a bullish signal based on these historical examples. However, they are missing one very important fact. Every time we saw a death cross in the past, Bitcoin was trading well above the weekly EMA50

For instance, in April 2025, the death cross happened while Bitcoin was 12% above the EMA50. On August 10, 2024, Bitcoin was 17% above the EMA50 at the moment of the death cross. This time, the situation is entirely different, and people are completely ignoring it. Today’s death cross occurred while Bitcoin was trading 6% below the EMA50

Finally, he also highlights how another key factor is different now, which is that ETFs are selling, and whale net volume is also negative, another huge nod to a bear market. All in all, these factors create a combined bearish price sentiment and add substantial selling pressure to BTC. On top of that, the average BTC buyer from the last six months has an average entry of $94,600

Bringing the price back toward $94,600, or below it will trigger even more selling pressure, as short-term traders historically tend to sell at breakeven or even at a slight loss. This combination of ETF selling, whale selling, and a large cluster of sellers sitting at breakeven levels is a dangerous setup and adds to the bearish case.