According to @ki_young_ju, Bitcoin is in a profit-taking phase based on an on-chain PnL Index that measures profit and loss using all wallets’ cost basis, and classic cycle theory indicates the market is entering a bear phase, source: @ki_young_ju (X, Nov 22, 2025). He states that only broad macro liquidity expansion can override the profit-taking cycle, as seen in 2020, making liquidity the key driver to watch for any BTC trend inflection, source: @ki_young_ju (X, Nov 22, 2025). This framework implies BTC’s near-term performance is dominated by cycle-driven profit-taking unless liquidity materially improves, focusing traders on liquidity conditions when assessing downside or reversal risk, source: @ki_young_ju (X, Nov 22, 2025).

According to @CryptoMichNL, a new trading update reviews whether a Bitcoin bear market has started, where BTC sits in the market cycle, and what current charts imply for trend direction and risk management, source: @CryptoMichNL on X, Nov 20, 2025; YouTube https://youtu.be/8mEMQFCvdz4. The post directs traders to the video for actionable chart work that may inform BTC spot and derivatives positioning, including cycle context and technical signals, source: @CryptoMichNL on X, Nov 20, 2025; YouTube https://youtu.be/8mEMQFCvdz4. No specific price levels or indicators are disclosed in the post itself; traders should watch the linked update for concrete entries, exits, and invalidation levels, source: @CryptoMichNL on X, Nov 20, 2025; YouTube https://youtu.be/8mEMQFCvdz4.

According to the source, a Nov 18, 2025 tweet states that two technical signals are hinting at a Bitcoin (BTC) bear market, highlighting elevated downside risk for traders (source: Nov 18, 2025 tweet referenced in the provided content). The excerpt does not specify which indicators or price levels, constraining immediate trading actions without accessing the full analysis (source: same tweet excerpt).

According to @MilkRoadDaily, altseason remains unlikely until BTC dominance peaks and ETH holds above 5,000 dollars, as discussed with @intocryptoverse (Benjamin Cowen) in their Oct 14, 2025 episode, which sets concrete thresholds for rotation timing and risk positioning. Source: @MilkRoadDaily on X, Oct 14, 2025. According to @MilkRoadDaily, the show outlines a Q4 outlook where traders should track BTC dominance for topping behavior and watch whether ETH can reclaim and sustain the 5,000-dollar level before rotating to higher-beta alts. Source: @MilkRoadDaily on X, Oct 14, 2025. According to @MilkRoadDaily, the episode also recaps the recent flash crash, details Cowen’s top Q4 watch signals, and covers survival tactics for the next bear market, reinforcing a BTC-first allocation stance until the above triggers confirm. Source: @MilkRoadDaily on X, Oct 14, 2025. According to @MilkRoadDaily, additional segments include discussions on Nexo, Figure Markets, and a Satoshi valuation framework, offering traders discrete areas to monitor alongside BTC.D and ETH’s 5,000-dollar threshold. Source: @MilkRoadDaily on X, Oct 14, 2025.

According to @CryptoMichNL, calls for a Bitcoin bear market are premature and the actual BTC bull run has not yet begun, signaling a bullish stance that could guide sentiment-driven strategies in 2025, source: @CryptoMichNL on X, Oct 5, 2025. According to @CryptoMichNL, the post provides no specific timeframe, price targets, or technical/on-chain metrics, indicating a sentiment-based outlook rather than a defined trade setup, source: @CryptoMichNL on X, Oct 5, 2025. According to @CryptoMichNL, traders tracking sentiment may interpret this as an expectation of continued upside rather than an imminent trend reversal in BTC, source: @CryptoMichNL on X, Oct 5, 2025.

According to Michaël van de Poppe (@CryptoMichNL), the latest market update explores whether the bear market has officially begun for Bitcoin (BTC) and major altcoins. Van de Poppe analyzes current price action, noting increased selling pressure and declining trading volumes across BTC and top altcoins as key indicators of bearish momentum (source: youtu.be/uyr9ttmWDCY). He highlights critical support levels and advises traders to watch for breakdowns below $60,000 for BTC and significant altcoin support zones, which could accelerate downward trends. The update provides actionable insights for traders to adjust risk management and monitor potential reversal signals amid ongoing volatility.

According to Ki Young Ju, CEO of CryptoQuant, the recent declaration of a Bitcoin bear market is based on comprehensive market data analysis. In an interview, he emphasized the significant decline in inflow to exchanges, which often precedes a downturn in Bitcoin prices. This trend is critical for traders to consider when strategizing their market positions. Ki Young Ju further highlighted the importance of monitoring on-chain data to anticipate market movements effectively (source: youtube.com/watch?v=sE1alM…).

According to Crypto Rover, the last time Trump imposed tariffs, it triggered a brutal Bitcoin bear market, indicating potential market reactions to similar geopolitical moves.