Market Weakness and Analyst Warnings
Bitcoin weakness grows as analysts warn of sharper declines ahead. Extreme fear readings signal renewed pressure on broader crypto markets. Dollar strength could accelerate Bitcoin losses toward critical support levels.
Renewed pressure has swept through the crypto market as Bitcoin extended its recent losing streak and slipped below key technical levels. According to analyst Przemyslaw K Radomski, the current structure places Bitcoin in deep technical trouble, and he has been shorting the asset since it traded near $104,000.
Bitcoin dropped sharply over the past week and month, and its break below two rising support lines signaled a decisive shift in momentum. Besides that change, the asset also invalidated its move above the psychological $100,000 barrier, which Radomski viewed as a clear sign of fading confidence.
Growing Concerns Over Market Spillover Effects
He emphasized that the breakdown occurred without meaningful strength in the United States Dollar, and he expects a dollar rally to accelerate downside pressure. Radomski added that a drop under $75,000 will likely trigger panic selling and create sharper declines across major assets.
Moreover, he warned that a weakening Bitcoin could pressure equity markets, especially AI related stocks that helped keep indices elevated. He argued that recent stock action resembles earlier periods when markets reversed quickly, and he compared current conditions to the atmosphere before the major declines seen in 2008.
He also noted that commodities such as silver, copper and mining stocks experienced heavy losses during that cycle, and similar stress could reappear if the dollar strengthens and risk appetite fades.
Sentiment Indicators Highlight Mounting Fear Among Investors
Sentiment signals also weakened as analysts at Milk Road observed two major bear market warnings appearing at once. Besides the shift in technical structure, the Fear and Greed Index fell into extreme fear territory not seen since the period following the Luna collapse.
Additionally, Bitcoin now trades near its 50 week moving average, a level that has either confirmed bear phases or set the base for rebounds in previous cycles. Market participants remain watchful as short term momentum stays heavy.
Furthermore, traders continue monitoring ETF flows, regulatory developments and the stability of stock markets, all of which could influence whether Bitcoin stabilizes or moves toward new yearly lows.