Bitcoin’s Bearish Breakdown: Is the Bull Cycle Dead? 🐻💸

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Bitcoin is now so bearish, even the bears are asking for a raise! 🐻💸 According to CryptoQuant, the market is drier than a desert after a drought. What’s next? A Bitcoin-themed oasis? 🌴

Bitcoin’s “most bearish” phase? More like a full-blown existential crisis! CryptoQuant’s Bull Score Index has hit rock bottom (20/100), making it the most bearish since the last ice age. ❄️

CryptoQuant’s report says BTC’s price has fallen below the 365-day MA, a technical level so strong, it’s like a financial Everest that even the strongest bulls can’t climb. ⛰️

Institutional demand has gone on a vacation, leaving Bitcoin to wander alone in the wilderness. 🌲 Meanwhile, ETFs are crying into their coffee. ☕

Corporate Bitcoin Demand Tapers Off

Strategy’s latest BTC purchase? A drop in the ocean of Bitcoin’s current woes. 💧 Julio Moreno says corporate buying is as rare as a unicorn in a crypto conference. 🦄

“Treasury companies have basically stopped buying,” Moreno quipped, “some have even sold part of their holdings.” Sounds like a bad dating app profile. 👀

ETF inflows? Down 52% this year. It’s like watching a toddler try to eat a sandwich. 🍞

Key Market Drivers “Off the Cards”

Donald Trump’s 2024 win? That was the last hurrah. Now, the market is as bored as a spectator at a chess match. 🏰

CryptoQuant says 2026’s catalysts? “Off the cards” or “highly discounted.” Translation: “We’re out of ideas.” 🤷♂️

“What would be a catalyst strong enough to reaccelerate Bitcoin demand in 2026? Major developments seem off the cards (US Gov Strategic Bitcoin Reserve) or highly discounted by the market (Fed lowering interest rates further).”

Four-year cycles? Classic! Like a broken record that won’t stop playing “I Will Survive.” 🎶

“Does this mean a rapid price collapse? No. Just a 28% drawdown and a visit to support levels. It’s like a bear market spa day. 🛀”

“Even in bear markets, prices can rally 40%-50% in the span of a few months. However, now that the price of Bitcoin is below its 365-day MA, this level becomes a strong price resistance ($102.6K).”

Bitcoin briefly dipped below $90k, its lowest since April 2025. Don’t worry, it’s just taking a nap before bouncing back. 😴

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2025-11-20 13:56