The post Bitcoin on the Edge? Analysts Warn of a Major Crash Ahead appeared first on Coinpedia Fintech News
Bitcoin’s price has been struggling to stay above the crucial mark of $100K, and analysts are starting to sound the alarm due to changing economic factors. Amid a broader market downturn, cryptocurrency trader Jason Pizzino warns that the probability of a Bitcoin crash is increasing. He highlights key market indicators, such as falling interest in Bitcoin and declining trading volume, that suggest a bearish trend is taking hold. But he is not the only one who is saying that recently Peter Brandt and Robert Kiyosaki also gave similar warnings.
Pizzino Spots Warning Signs in the Market
Analyzing the blood trail, Jason Pizzino, a well-known cryptocurrency trader, believes Bitcoin is showing clear signs of weakness. He points out that interest in Bitcoin is fading, as seen in Google Trends data. Fewer people are searching for Bitcoin and crypto, with Bitcoin’s search volume dropping to just 24 out of 100 and overall crypto searches at 12. This suggests that excitement around crypto is cooling down, which often leads to lower prices.
Another key signal Pizzino highlights is the declining trading volume on exchanges. He explains that Bitcoin’s daily exchange volume—how much crypto is being traded within 24 hours—has been steadily decreasing. While it hasn’t fallen to extreme lows yet, it remains far from the $130 billion highs of past bull runs. He sees this as a warning that fewer people are actively buying and selling, which weakens Bitcoin’s price movement.
For Bitcoin to regain its bullish momentum, Pizzino believes the price must break above the February 3rd high of $102,600—rounding it up to $103,000. He emphasizes that Bitcoin needs to close above this level multiple times, not just briefly spike above it. If Bitcoin fails to reclaim this level, he warns that the probabilities of a crash will continue to increase.
Klarck Predicts a Bitcoin Crash Next Week
While Pizzino focuses on technical indicators, Crypto analyst Klarck has taken a more urgent stance, predicting that Bitcoin’s crash will start as early as next week. After spending hours analyzing market data, he believes Bitcoin’s recent growth phase has ended and that a prolonged correction is on the way.
Klarck lists two major reasons behind his bearish outlook. First, he points to rising CPI inflation, which could hurt market sentiment and push investors away from risky assets like Bitcoin. Second, he claims that Binance, one of the world’s largest crypto exchanges, has sold off all its Bitcoin holdings. If true, this could increase selling pressure and drag prices down even further.
According to Klarck, Bitcoin’s next stop is $85K before a bigger crash happens. He warns traders to prepare for upcoming news events that could trigger even sharper declines.
The Market Holds Its Breath
At the time of writing, Bitcoin is trading at $96,220. With analysts spotting multiple warning signs, the next few days will be crucial in determining whether Bitcoin can recover—or if the crash scenario plays out as predicted.
