Analysts Unanimous on Bear Market as Bitcoin Price Dips Below $95,000

Reputed analysts have united in declaring a bear market for Bitcoin following its recent plunge below $95,000. One analyst, Doctor Profit, has been predicting this decline since August and is now backing his claims with charts highlighting bearish indicators such as the EMA50. He notes that this particular indicator’s historic connection to market shifts warrants careful observation. Notably, when Bitcoin dipped below the EMA50 line in previous instances, it invariably led to significant price surges within subsequent months.