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As Bitcoin‘s (BTC) price shows stability above $100,000, a cryptocurrency trading expert is warning that the maiden digital currency might enter a bear market within months. According to Ali Martinez, historical trends indicate that Bitcoin’s downturn may be imminent, despite the anticipation that the asset will rise further amid a changing regulatory landscape, he said in an X post on January 24. Bitcoin price analysis chart. Source: Ali_charts Martinez highlighted that during Bitcoin’s previous halving cycles, the asset reached a market top within specific timeframes. Following the 2012 halving, the market top occurred 367 days later.  Picks for you Orderly's (ORDER) one-month trading volume jumps by 157% 16 hours ago ...

Cryptocurrency analyst and trader Ali Martinez is leaning bullish on Cardano (ADA) amid a bounce in the market. Martinez tells his 76,100 followers on the social media platform X that Cardano is currently “following a similar pattern to 2020” where it went up by approximately 4,095% in around 343 days. “If history repeats, we might see a pump around November 18th — about two weeks after the US elections — and a potential market top by September 2025.” Source: ali_charts/X Cardano is trading at $0.355 at time of writing. Next up is Bitcoin (BTC). Martinez says that based on the Market Value to Realized Value (MVRV) pricing bands, Bitcoin could appreciate by around 16% from the current level over the short term. The MVRV is a ratio used to determine whether Bitcoin at any given time is undervalued or overvalued. The MVRV pricing bands use standard deviations to signal the undervaluation or overvaluation of Bitcoin. A value of 1 standard deviation indi...