Bitcoin Bull Market ‘Falls Asleep’ After 700% Run, Analyst Warns
Posted On August 29, 2025
Bitcoin (CRYPTO: BTC) is hovering near $110,000 and trading in a tight range, leaving traders questioning whether the bull has fallen asleep after delivering a 700% rally from late 2022 lows.
What Happened: Bitcoin surged from $15,000 in November 2022 to a record high around $124,500 earlier this year.
But momentum now appears to be fading.
Crypto analyst Ali Martinez noted Bitcoin’s dominance is starting to crack, mirroring conditions seen ahead of the 2021 peak.
Martinez flagged multiple warning signs, including an RSI bearish divergence, a MACD crossover, and a possible breakdown if BTC loses …
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