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6 de sept. de 2025 Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head Bitcoin’s 2.4% decline on Oct. 21 formed a bearish engulfing pattern on the daily chart. A bearish engulfing pattern indicates a short-term or long-term reversal, and it has Top analyst Axel Adler shared CryptoQuant data revealing that the market has seen its most bearish sentiment over the past month. Negative regulatory news and macroeconomic The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith. So, the key question is: has Bitcoin started a bearish trend, or is this a temporary dip that will be recovered in the next few weeks? Let’s analyze the charts and find One critical aspect influencing the current bearish trend is the substantial outflow of funds from Grayscale Bitcoin Trust (GBTC). The transition from a closed-ended trust Data from QCP suggests an existing bearish sentiment on Bitcoin due to macroeconomic factors and fears that the US government could offload its BTC stash. Bitcoin

Bearish Bitcoin Has Got People Screaming (Quite Literally): What\'s Going On?

Bitcoin investors are on edge! Headlines are screaming about a potential bearish turn, leaving many wondering: is this a temporary blip or the start of a longer, more painful decline? We\'ll break down the factors contributing to the current market sentiment and explore what the charts are telling us.

Why is Bitcoin Bearish Right Now?

Multiple factors are converging to create this feeling of unease. As of 6 de sept. de 2025, Bitcoin’s price has continued its bearish momentum, even slipping below $56,000. But what’s fueling this drop? Several explanations are circulating, including data points from CryptoQuant and established chart patterns.

Bearish Engulfing Pattern Signals Trouble?

On October 21st, Bitcoin\'s 2.4% decline formed a bearish engulfing pattern on the daily chart. This is a classic technical analysis signal indicating a potential reversal, whether short-term or long-term. The question now is, is this a genuine sign of a deeper correction?

CryptoQuant Data Points to Peak Bearish Sentiment

Top analyst Axel Adler, citing CryptoQuant data, highlights that the market has experienced its most bearish sentiment over the past month. This negative sentiment is being fueled by multiple headwinds:

  • Negative Regulatory News: Unfavorable regulatory developments can spook investors and trigger sell-offs.
  • Macroeconomic Concerns: Broader economic uncertainties can impact investor risk appetite, pushing them towards safer assets.
  • GBTC Outflows: One critical aspect influencing the current bearish trend is the substantial outflow of funds from Grayscale Bitcoin Trust (GBTC). The transition from a closed-ended trust is creating sell pressure.
  • US Government BTC Stash: Data from QCP suggests existing bearish sentiment is fueled by macroeconomic factors and fears that the US government could potentially offload its BTC stash.

The ETF Paradox: Buy the Rumor, Sell the News?

Ironically, this cryptocurrency dip is happening after what was arguably the most bullish recent event in crypto history: the launch of spot bitcoin ETFs. This has led to a crisis of faith for some. Could this be a classic case of "buy the rumor, sell the news"?

So, Bearish Trend or Temporary Dip? The Million-Dollar Question.

The million-dollar question remains: has Bitcoin officially entered a bearish trend, or is this simply a temporary pullback before another surge? Let\'s analyze the charts and find out.

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