Bitcoin Faces Potential Bearish Turn as Bull Momentum Wanes

While Bitcoin’s bull run has captivated investors, recent data suggests the party might be coming to an end. As of October 21, 2025, prices are hovering around $108,000-$111,000, far from its all-time highs earlier this year. Crypto analyst Axel Adler Jr., renowned for his insights on Bitcoin’s on-chain activity, has issued a cautionary signal, highlighting the exhaustion of bullish rallies. 2 recent attempts by bulls to regain momentum failed, with the first looking promising but swiftly losing steam, and the second lacking sustained upward force.