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Ivan Liljeqvist highlights the recent pattern in Bitcoin price movements, noting a series of lower highs that confirm an ongoing bear trend.
He emphasizes that many traders became prematurely bullish and euphoric when Bitcoin reached $83k, describing this as a significant mistake and referring to it humorously as 'premature bulljaculation'. Liljeqvist underscores that the 'Money Line' indicator did not falsely flip bullish during this period.
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Liljeqvist has previously warned about declines in major cryptocurrencies. He noted that Cardano ADA dropped 68.21 percent following a bearish shift and urged investors to avoid holding assets in a bear market. In a separate commentary, he observed that altcoin portfolio losses reached up to 90 percent after October 2025.