Bitcoin Dips Below $100K Again as Analyst Waves the White Flag – ‘See You in 4 Years’

The bears are back in town, and BTC has dropped below $100,000 for the second time this week as the overall market sentiment remains highly bearish.

This has prompted even some of the most optimistic analysts to change their tune on bitcoin, including Merlijn The Trader, who outlined a crucial warning sign that has led to numerous rejections in the past or even the start of a subsequent bear market.