{"id":2039,"date":"2026-04-02T15:39:21","date_gmt":"2026-04-02T15:39:21","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=2039"},"modified":"2026-04-02T15:39:21","modified_gmt":"2026-04-02T15:39:21","slug":"analyst-turns-fully-bearish-on-bitcoin-and-warns-of-a-harsh-second-quarter","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/04\/02\/analyst-turns-fully-bearish-on-bitcoin-and-warns-of-a-harsh-second-quarter\/","title":{"rendered":"Analyst Turns Fully Bearish on Bitcoin and Warns of a Harsh Second Quarter"},"content":{"rendered":"\n
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A widely followed market analyst, Mr. Wall Street, has issued a warning that the second quarter could be extremely difficult for Bitcoin as signs of weakening participation continue to emerge.<\/p>\n\n\n\n

In recent months, geopolitical tensions in the Middle East have added pressure to crypto markets. Bitcoin recently declined by nearly three percent, falling toward 66,000 dollars after trading around 69,200 dollars the previous day.<\/p>\n\n\n\n

Bullish Outlook Reversed<\/strong><\/p>\n\n\n\n

In a post shared on X, Mr. Wall Street explained that his earlier outlook, which combined short term optimism with mid term caution, has now shifted entirely to a bearish view across all timeframes.<\/p>\n\n\n\n

He argued that Bitcoin\u2019s recent 27 percent rally from 60,000 to 76,000 dollars was likely driven by market makers aiming to create liquidity for a larger downward move. According to his view, even if the price rises briefly to capture liquidity above current levels, such a move would likely be temporary before a broader decline resumes.<\/p>\n\n\n\n

The analyst revealed that he exited his short term long positions at 68,000 dollars and opened short positions instead. He also placed additional short orders between 77,000 and 83,000 dollars in anticipation of potential price spikes designed to capture liquidity.<\/p>\n\n\n\n

He further noted that significant liquidity has accumulated below the current price, including levels formed during the summer of 2024. This, in his view, supports the possibility of Bitcoin dropping to a range between 40,000 and 45,000 dollars.<\/p>\n\n\n\n

Beyond technical signals, he highlighted macroeconomic risks as a key concern. A potential escalation involving the United States and Iran could push oil prices sharply higher and increase the likelihood of a global recession, which would likely weigh heavily on risk assets such as Bitcoin.<\/p>\n\n\n\n

Rising Concerns Over Market Weakness<\/strong><\/p>\n\n\n\n

Similar concerns were raised by Jo\u00e3o Wedson, founder of Alphractal, who pointed to declining network activity.<\/p>\n\n\n\n

Wedson observed that Bitcoin\u2019s daily transaction fees, measured in US dollars, have dropped to levels last seen during previous market bottoms and are now among the lowest recorded in recent years. This trend suggests weaker demand on the network, a condition that has historically been linked to periods of heightened volatility.<\/p>\n\n\n\n

In a separate statement, Wedson cautioned traders against chasing upward price movements during a downtrend. He explained that repeatedly buying into rising prices in a bearish market often benefits larger investors rather than retail participants, as it can provide exit liquidity for major holders looking to reduce their positions.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A widely followed market analyst, Mr. Wall Street, has issued a warning that the second quarter could be extremely difficult for Bitcoin as signs of weakening...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2039","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=2039"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2039\/revisions"}],"predecessor-version":[{"id":2041,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2039\/revisions\/2041"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=2039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=2039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=2039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}