Expert Analyst Warns Bitcoin/VIX Indicates Bear Market Signals

Technical expert Tony Severino warns that indicators suggest Bitcoin is in a bear market, contrary to some optimistic views. He indicates that the Bitcoin/VIX ratio shows patterns typical of bear markets but acknowledges that the month is not over and conditions may yet improve.

Key Insights from Analysts

Severino's analysis points to a potential market peak for Bitcoin based on technical indicators.
Analyst Saeed maintains a bullish outlook, viewing current corrections as healthy, with $85,000 as a key resistance level.
Recent lower-than-expected CPI and PPI inflation data could lead to a Federal Reserve rate cut, which might positively impact Bitcoin.
US President Donald Trump’s tariffs could prompt further Fed intervention, increasing liquidity in crypto markets.

Technical Patterns Indicate Potential Upside

Analyst Titan of Crypto identifies an inverse Head-and-Shoulders pattern, suggesting Bitcoin could reach $125,000 if confirmed.
Rekt Capital notes bullish divergences forming on the Relative Strength Index (RSI), which historically precede upward price movements.

Bitcoin is currently trading at approximately $83,400, reflecting a 3% increase in the last 24 hours.