Recent volatility has hit cryptocurrencies hard, with Bitcoin remaining above $106,000 despite significant losses in the altcoin market. While concerns are mounting that the current market uptrend is nearing an end, experts offer varying predictions about Bitcoin’s near future. 2023 has seen a distinct shift in price movements, as the cryptocurrency broke through previous highs to reach over $4500 per coin and now faces potential decline. This brings into question whether this downturn signals the closing of the bull run for cryptocurrencies or just an initial dip before the market rebounds. The MACD pattern on Bitcoin’s 3-week chart, observed by market analysts Jesse Olson, points towards a possible end to bullish trends. Experts like Mister, who focus on day intervals post-halving events in the past, suggest that the current cycle aligns with historical patterns from previous peaks, indicating potential for a peak within the next 40 days. Meanwhile, Bitcoin’s historical relationship between bear market lows and highs presents further uncertainty: the typical interval between these has been around 1064 days. With the current market showing signs of a possible peak, it remains to be seen whether bulls can withstand the pressure from bearish forces.